Trends - Labor Department - Business Recorder

Labor Department

US unemployment dips in December as job gains remain robust

WASHINGTON: US job gains exceeded expectations in December while the unemployment rate ticked down, a...

Published 06 Jan, 2023 07:10pm

World

Solid U.S. job growth anticipated in May; unemployment rate seen at 3.5%

WASHINGTON: U.S. employment likely increased at a brisk clip in May, with the jobless rate expected to have dropped...

Published 03 Jun, 2022 12:20pm

Business & Finance

Yields rise, curve inverts after strong jobs report

NEW YORK: US Treasury yields rose on Friday and a closely watched part of the yield curve reinverted as a strong ...

Published 04 Apr, 2022 05:38am

World

US employment growth likely slowed in January amid Omicron surge, job losses possible

WASHINGTON: US job growth likely slowed sharply in January as COVID-19 infections lashed the nation, disrupting...

Published 04 Feb, 2022 10:50am

Markets

Dow higher after producer prices data; Nasdaq, S&P 500 fall

NEW YORK: The Dow rose on Thursday after a slower rise in producer prices in December fueled hopes that inflation ...

Published 14 Jan, 2022 07:45am

Business & Finance

Dollar falls after US jobs report

NEW YORK: The US dollar was slightly lower against a basket of major currencies on Friday on the heels of the...

Published 08 Jan, 2022 03:59am

World

US weekly jobless claims rise moderately as labor market tightens

WASHINGTON: The number of Americans filing new claims for unemployment benefits increased moderately last week,...

Published 16 Dec, 2021 06:34pm

Business & Finance

White House braces for latest US inflation surge

WASHINGTON: With the government set to release data expected to show US prices rising even higher, President Joe...

Published 10 Dec, 2021 10:25am

Business & Finance

Dollar holds gains

NEW YORK: The dollar rose on Friday after the release of a weaker-than-expected US jobs report, which still showed...

Published 04 Dec, 2021 04:23am

Markets

Wall Street tipped to open modestly firmer after US payrolls miss

LONDON: Wall Street futures moved higher and bond yields slipped on Friday, though moves were modest as an...

Published 03 Dec, 2021 08:42pm

World

US unemployment aid filings hit fresh pandemic low

WASHINGTON: Fewer Americans made unemployment benefit filings last week than at any other point since the pandemic,...

Published 28 Oct, 2021 06:22pm

Business & Finance

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

World

US economy adds 194,000 jobs in September

Local government education lost 144,000 jobs, and state government education shed 17,000 positions during the season

Published 08 Oct, 2021 06:03pm

Business & Finance

Soaring Covid-19 infections restrain US job gains in August

WASHINGTON: The US economy created the fewest jobs in seven months in August as hiring in the leisure and ...

Published 04 Sep, 2021 06:04am

Business & Finance

US import price increases slow in July

WASHINGTON: US import prices increased less than expected in July, a sign that inflation pressures may have peaked ...

Published 14 Aug, 2021 03:41am

Business & Finance

US producer prices at more than decade high; jobless claims fall

WASHINGTON: Producer prices posted their largest annual increase in more than a decade amid inflation pressures ...

Published 13 Aug, 2021 04:44am

Business & Finance

Early trade: Dollar falls after data shows US consumer prices eased in July

NEW YORK: The dollar fell on Wednesday after US inflation data showed consumer price increases, while still...

Published 12 Aug, 2021 04:34am

US consumer inflation slows in July, but gas prices still rising

WASHINGTON: US consumer prices jumped again in July, as spiking gasoline prices continue to fuel inflation, ...

Updated 12 Aug, 2021 09:38am

Markets

Dollar hits 4-month high against euro on Fed taper talk

Hardman said he expected the Reserve Bank of New Zealand (RBNZ) to raise its rate by 0.25 basis points this month

Updated 10 Aug, 2021 01:39pm

Business & Finance

Yields higher after firm jobs data clarifies Fed's path

NEW YORK: US Treasury yields rose Friday after a strong jobs report that was in line with goals the Federal Reserve...

Published 09 Aug, 2021 05:05am

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

Business & Finance

Fed chief says stimulus to continue despite high inflation

WASHINGTON: Even as US inflation has hit the highest rate in over a decade, the central bank is sticking to its ...

Published 15 Jul, 2021 04:03am

Markets

Most Asian markets rise after healthy US jobs report

All three main indexes in New York finished the week at a fresh peak in reaction to data showing far more people than expected were employed last month

Published 05 Jul, 2021 09:38am

World

US job growth picks up in June; unemployment rate rises to 5.9%

Nonfarm payrolls increased by 850,000 jobs last month after rising 583,000 in May, the Labor Department said in its closely watched employment report on Friday. The unemployment rate rose to 5.9% from 5.8% in May.

Published 02 Jul, 2021 06:02pm

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

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

World

New US jobless claims drop below 400,000, first time since pandemic

Weekly jobless claims shot into the millions in March 2020 after businesses shut down nationwide to stop Covid-19 from spreading.

Published 03 Jun, 2021 07:11pm

Pakistan

Industrial units: Vaccination centres to be set up: minister

KARACHI: Provincial Minister for Industries & Commerce and Anti-Corruption & Cooperative Department Jam...

Published 26 May, 2021 03:45am

Business & Finance

US weekly jobless claims decline

WASHINGTON: The number of Americans filing new claims for unemployment benefits dropped further below 500,000 last...

Updated 21 May, 2021 09:43am

World

New US unemployment filings drop for third straight week

The Labor Department reported 444,000 new unemployment filings, seasonally adjusted, were made in the week ended May 15.

Published 20 May, 2021 09:13pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jan 31 786 Investments Limited(786)	4.90 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jan 31 Al-Abbas Sugar Mills Limited(AABS)	377 ▼ 0.00 (0.00%)
Agro Allianz / Jan 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jan 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jan 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jan 31 Allied Bank Limited(ABL)	65.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 31 Abbott Laboratories (Pakistan) Limited(ABOT)	346 ▼ 0.00 (0.00%)
Abson Ind. / Jan 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jan 31 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Jan 31 Attock Cement Pakistan Limited(ACPL)	54.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jan 31 786 Investments Limited(786)	4.90 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jan 31 Al-Abbas Sugar Mills Limited(AABS)	377 ▼ 0.00 (0.00%)
Agro Allianz / Jan 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jan 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jan 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jan 31 Allied Bank Limited(ABL)	65.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 31 Abbott Laboratories (Pakistan) Limited(ABOT)	346 ▼ 0.00 (0.00%)
Abson Ind. / Jan 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jan 31 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Jan 31 Attock Cement Pakistan Limited(ACPL)	54.32 ▼ 0.00 (0.00%)

Stock	Volume
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	21,142,838 ▼ 0.00
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	11,806,498 ▼ 0.00
Engro Polymer / Jan 31 Engro Polymer & Chemicals Limited(EPCL)	6,695,317 ▼ 0.00
Pak Petroleum / Jan 31 Pakistan Petroleum Limited(PPL)	5,115,060 ▼ 0.00
Oil & Gas Dev. / Jan 31 Oil & Gas Development Company Limited(OGDC)	5,019,786 ▼ 0.00
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	4,784,077 ▼ 0.00
Hub Power Co. / Jan 31 The Hub Power Company Limited(HUBC)	4,597,709 ▼ 0.00
TPL Properties / Jan 31 TPL Properties Limited(TPLP)	4,361,468 ▼ 0.00
Pakistan Alumin / Jan 31 Pakistan Aluminium Beverage Cans Limited(PABC)	3,933,500 ▼ 0.00
Maple Leaf Cement / Jan 31 Maple Leaf Cement Factory Limited(MLCF)	3,590,048 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	272
USD PKR Interbank Buying / Jan 30	270
USD to Japanese Yen / Jan 30	130.39
USD to Swiss Franc / Jan 30	0.93
Pound Sterling to USD / Jan 30	1.23
Euro to USD / Jan 30	1.08
UK LIBOR % / Jan 30	4.30

Stock	Volume
S&P 500 / Jan 30	4017.77
India Sensex / Jan 30	59500.41
Tokyo Nikkei / Jan 30	27433.40
Nasdaq / Jan 30	11393.82
Hang Seng / Jan 30	22069.73
FTSE 100 / Jan 30	7784.87
Dow Jones / Jan 30	33717.09
Germany DAX 30 / Jan 30	15126.08
France CAC40 / Jan 30	7082.01

Item	Value
Crude Oil USD/Barrel / Jan 30	77.90
Karachi Cotton PKR/37.32 KG / Jan 30	20735
Gold 10 Grams PKR / Jan 30	180470
Gold Spot USD/Ounce / Jan 30	1923.18
Cotton US¢/pound / Jan 30	85.10

Labor Department

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