The Unemployment benefit requests report showed a drop in both initial and continued requests to the lowest levels since the end of March, when the impacts of the crisis generated by the coronavirus began to be felt. The Department of Labor reported that orders initials unemployment benefit they were down 40,000 in the week ending […]
Tag: job
Opposing in the middle of a pandemic, is it time?
The Council of Ministers approved this Tuesday the public employment offer for 2020, which includes 18,266 places for the General State Administration (AGE). Of these, 8,996 are intended for internal promotion and 9,279 are new jobs. The unions They consider that these figures are insufficient to strengthen hospitals, schools and organizations such as the Public […]
Initial Unemployment Benefit Requests Unexpectedly Fall to Monthly Lows Below 800,000
The Department of Labor reported that Initial claims for unemployment benefits fell by 55,000 in the week of October 17 to 787,000. The data came as a positive surprise as an increase to 860,000 was expected. It is the lowest reading since April. Regarding the continued orders, these also fell more than expected and to […]
Madrid, Catalonia and the islands concentrated 60% of the tourist fall in the last quarter
The big capitals and the Canary Islands and the Balearic Islands they will concentrate the tourist fall in the next quarter, the period remaining to close a year of historic declines for the sector. These are not the busiest months, but traditionally there is a lot of business activity and, moreover, the Canary Islands […]
ADP employment report shows job drop of 240,800 in September
The employment report prepared by ADP indicated that in September a drop in jobs of 240,800. He August data was revised significantly down from -205,400 to -770,600. “The labor market continued to show a drop in employment,” said Ahu Yildirmarz, vice president and co-head of ADP Research Institute. He pointed out that the largest drops […]
US: Initial Unemployment Insurance Claims Unexpectedly Rise to 7-Week Highs
The Department of Labor reported that initial claims for unemployment benefits they increased by 53,000 in the week ending October 10 to 898,000. The data generated a surprise since the market consensus was for a drop to 825,000. Regarding the continued orders, fell by 1,165,000 in the week ended October 3 to 10,018,000, below the […]
USD / CAD rises to six-day highs above 1.3170
USD / CAD is moving higher on renewed demand for the safe haven US dollar. WTI consolidates Wednesday’s 2% move. The focus is on US labor data. The pair USD / CAD moves higher during Thursday’s European session and rises to new 6-day highs above the 1.3170 level, looking to extend its three-day recovery from […]
Australia loses 29,500 jobs in September, the unemployment rate rises to 6.9%; AUD / USD falls to week lows
Australia lost 29,500 jobs in September, up from 35,000 expected, after 111,000 jobs were gained in August. This is the first month of job loss after three consecutive months of job creation. Of the 29,500 jobs lost, 20,100 are in full-time jobs, while 9,400 are part-time jobs. The unemployment rate has grown one tenth, from […]