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Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,280
1124hr
Pakistan Cases
1,265,047
66324hr
1.66% positivity
Sindh
465,819
Punjab
437,974
Balochistan
33,128
Islamabad
106,469
KPK
176,886

Labor Department

Dollar steady after jobs miss

Dollar steady after jobs miss

NEW YORK: The US dollar was largely unmoved by a disappointing US employment report on Friday, as traders bet that...
Published 09 Oct, 2021 04:10am
US stocks add to records
Markets

US stocks add to records

NEW YORK: Major US stock indices added to records early Friday as investors weighed upbeat jobs data against ...
Published 07 Aug, 2021 04:01am
US weekly jobless claims fall; consumer prices rise more than expected
World

US weekly jobless claims fall; consumer prices rise more than expected

  • Initial claims for state unemployment benefits totaled a seasonally adjusted 376,000 for the week ended June 5, compared to 385,000 in the prior week.
  • In the 12 months through May, the CPI accelerated 5.0%. That was the biggest year-on-year increase since August 2008, and followed a 4.2% rise in April.
Published 10 Jun, 2021 06:52pm
US stocks fall despite strong economic data
Markets

US stocks fall despite strong economic data

  • Also, new applications for US jobless benefits fell below 400,000 for the first time since the pandemic started, while a service sector index came in at an all-time high in May.
Published 04 Jun, 2021 09:34am
US factories desperate for workers, even as ranks of jobless remains high
World

US factories desperate for workers, even as ranks of jobless remains high

  • "We hired two from the ads," said Arnold, just a fraction of the 125 he needs to get back to full strength of 673 workers. Half the welding jobs at his Texas plant are open, for instance, creating a bottleneck in an operation that builds trailers on metal frames.
  • US manufacturers have long grumbled about labor shortages, but the past year has proven particularly frustrating.
Published 02 Apr, 2021 07:49pm
Gold surges in Europe
Markets

Gold surges in Europe

ROTTERDAM/LONDON: Gold rose over 1% on Thursday on a retreat in the dollar and US bond yields, while grim jobless...
Published 02 Apr, 2021 04:58am
US weekly jobless claims fall more than expected
World

US weekly jobless claims fall more than expected

  • Initial claims for state unemployment benefits totaled a seasonally adjusted 712,000 for the week ended March 6, compared to 754,000 in the prior week, the Labor Department said on Thursday.
  • That, together with nearly $900 billion in additional pandemic relief money advanced by the government in late December, fired up consumer spending and hiring in February after declining in December.
Published 11 Mar, 2021 07:19pm
US job growth beats expectations in February
World

US job growth beats expectations in February

  • Nonfarm payrolls surged 379,000 jobs last month after rising 166,000 in January, the Labor Department said on Friday. In December, payrolls fell for the first time in eight months.
  • Federal Reserve Chair Jerome Powell on Thursday offered an optimistic view of the labor market, but cautioned a return to full employment this year was "highly unlikely."
Published 05 Mar, 2021 09:20pm