The UK jobless claims count for December rose +7,000 from +35,000 expected. UK wages, excluding bonuses, were up 3.6% year-on-year versus 3.2% expected. The unemployment rate in the UK rose to 5.0% in November. The Office for National Statistics (ONS) showed Tuesday that the UK’s official unemployment rate increased to 5.0% in November from 4.9% […]
Tag: job
ADP employment report registers negative change in employment for the tenth consecutive month
Canada ADP Employment Report showed a net change in negative employment of 28,800 in December. At the same time, November figures were revised from +40,800 to -219,800. In this way and after the review, the net change in employment has not registered a positive reading since February 2020. At the same time it was known […]
Initial claims for unemployment benefits fall back to 900,000
Both initial and continuing orders showed better than expected figures. The dollar manages to move slightly away from the lows of the day after the economic data. The Department of Labor reported that Initial claims for unemployment benefits dropped to 900,000 in the week ended January 16, from the prior week’s five-month high of 926,000. […]
AUD / USD retraces from weekly highs, remains above 0.7750 level
A combination of factors pushes AUD / USD higher for the third day in a row. Predominant risk appetite weighs on the safe-haven USD and supports the pair’s upward move. AUD gets additional boost following the release of Australian employment details. The pair AUD/USD you have returned a portion of your intraday earnings, falling to […]
USD / CAD remains vulnerable ahead of US and Canadian employment data
USD / CAD remains under pressure near multi-year lows. USD weakness and upbeat BoC assessment weigh on the pair. Investors’ attention is on initial US jobless claims and Canadian employment data. The USD/ CAD is consolidating the previous day’s decline around the 1.2620 / 25 region, at the start of the European session on Thursday, […]
Employment data exceeds expectations
The Australian Bureau of Statistics has released the December Labor Force Survey. Details: Employment in December: +50,000 (seasonally adjusted) (Reuters poll: +50,000). Unemployment rate: + 6.6% (seasonally adjusted) (Reuters poll: + 6.7%). Full time employment: + 35,700 (seasonally adjusted). Participation rate: + 66.2%, (seasonally adjusted) (Reuters poll: + 66.2%). Description of the unemployment rate The […]
The Government offers to negotiate “soon” the repeal of the labor reform to demobilize the unions
The convocation of the unions to mobilize against the Government on February 11 has prompted the Executive to offer them the partial repeal of the labor reform in a negotiation that will open “soon” and that should be carried out in weeks. The written commitment is to “balance” labor relations within the companies and includes […]
The Japanese Prime Minister points out that the government will decide whether to extend special employment support based on the employment situation
The government will decide based on the employment situation whether to extend special employment support beyond March, Japan’s Prime Minister said on Wednesday, Yoshihide Suga. Featured statements: “It is not necessary to modify the third additional budget already compiled to finance the steps of the coronavirus.” “We will continue with preparations to celebrate the Olympic […]
The government says it will present 170 reforms to Brussels in exchange for the funds and the unions demand “prudence” of it.
The Government will present 170 reforms in 30 chapters to the European Union in exchange for European funds, according to the leaders of CCOO and UGT after a meeting with several ministers headed by the vice president Nadia Calvio. So much Unai Sordo, from CCOO, as Pepe Ã??lvarezThey have shown fear that the Executive will […]
Initial Unemployment Benefit Claims Unexpectedly Jump to Highs Since August
The U.S. Department of Labor reported that Initial claims for unemployment benefits increased by 181,000 in the week ended January 9 to 965,000, level highest since mid-Aughundred. The data was well above the 789,000 of the market consensus. The Continued jobless claims rose by 199,000 in the week ending January 2 to 5,271,000. The data […]
