Trends - labor market - Business Recorder

labor market

US consumer confidence rebounds; job openings near record high

WASHINGTON: US consumer confidence rebounded from a one-year low in March amid growing labor market optimism, but...

Published 30 Mar, 2022 06:08am

World

Removing Fed stimulus won't undermine labor market: Powell

WASHINGTON: Raising interest rates and otherwise removing the extraordinary stimulus the Federal Reserve provided to...

Published 11 Jan, 2022 09:49pm

Business & Finance

Dollar weakens after ADP miss, euro hits fresh one-month high

NEW YORK: The dollar fell against a basket of major currencies on Wednesday after a report on the U.S. labor market...

Published 02 Sep, 2021 04:21am

World

US private firms add just 374,000 jobs in August: ADP

WASHINGTON: Private American companies hired just 374,000 more workers in August, according to payroll services firm...

Published 01 Sep, 2021 08:08pm

US employment growth through March revised modestly lower

WASHINGTON: The US economy likely created 166,000 fewer jobs in the 12 months through March than previously...

Published 19 Aug, 2021 03:56am

World

US weekly jobless claims fall as expected

Initial claims for state unemployment benefits fell 26,000 to a seasonally adjusted 360,000 for the week ended July 10, the Labor Department said.
Claims have declined from a record 6.149 million in early April 2020.

Published 15 Jul, 2021 05:52pm

Markets

Dollar lifted by strong US data

US jobless claims, private payrolls better than expected.
Russia to remove US dollar assets from National Wealth Fund.

Published 03 Jun, 2021 08:51pm

Markets

Wall Street shrugs off inflation jump to move higher

The Dow Jones Industrial Average rose 120.79 points, or 0.35pc, to 34,585.43, the S&P 500 gained 13.23 points, or 0.31pc, at 4,214.11 and the Nasdaq Composite added 61.48 points, or 0.45pc, at 13,797.76.

Published 29 May, 2021 12:46am

Markets

US stocks end three-day slide, Nasdaq +1.8pc

The broad-based S&P 500 won 1.1 percent to 4,159.13, while the tech-rich Nasdaq Composite Index jumped 1.8 percent to 13,535.09.

Updated 21 May, 2021 09:44am

Markets

Dollar at two-week low after U.S. weekly jobless claims rise unexpectedly

The U.S. currency - which appreciated this year, helped in part by a rally in U.S. Treasury yields - has come under pressure in recent sessions as yields have retreated.

Updated 09 Apr, 2021 09:19am

Business & Finance

U.S. job openings jump to two-year high in February

The second straight monthly rise in vacancies lifted the jobs openings rate to a record 4.9pc from 4.7pc in January.

Updated 07 Apr, 2021 09:51am

World

US private payrolls post biggest gain in six months; housing market cooling

WASHINGTON: US private employers hired the most workers in six months in March as more Americans got vaccinated...

Updated 01 Apr, 2021 09:09am

Markets

S&P 500 nears 4,000 points for the first time, Biden's spending plan on deck

The $3 trillion-$4 trillion infrastructure package will target traditional projects like roads and bridges alongside investments in the electric vehicle market.

Updated 01 Apr, 2021 12:01am

World

US weekly jobless claims hit one-year low; fourth-quarter GDP revised up

Weekly jobless claims drop 97,000 to 684,000.
Continuing claims fall 264,000 to 3.870 million.
Fourth-quarter GDP growth revised up to 4.3%.

Published 25 Mar, 2021 08:07pm

World

US weekly jobless claims increase; mid-Atlantic factory activity near 50-year high

Weekly jobless claims increase 45,000 to 770,000.
Continuing claims drop 18,000 to 4.124 million.
Mid-Atlantic factory activity surges in March.

Published 18 Mar, 2021 09:35pm

Business & Finance

US private payrolls miss expectations; cost pressures rising for businesses

WASHINGTON: US private payrolls increased less than expected in February amid job losses in manufacturing and...

Updated 04 Mar, 2021 09:33am

World

US weekly jobless claims grind lower as labor market stabilizes

Weekly jobless claims fall 33,000 to 779,000.
Continued claims drop 193,000 to 4.592 million.
Productivity drops at 4.8% rate in fourth quarter.

Published 04 Feb, 2021 09:08pm

Pakistan

PTI mulling “Naya Mazdoor” program to mobilize Pakistan’s labor force

The PTI Government is reviewing an ‘Employment Generation and Empowerment’ framework comprising of the “Naya...

Published 29 Dec, 2020 11:39am

Business & Finance

Fed will be tested in 2021 as vaccines boost US economic outlook

If markets push up long-run interest rates a bit to reflect expectations for future faster growth, the Fed likely wouldn't change course.

Published 15 Dec, 2020 11:49am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Mar 23 Trust Modaraba(TRSM)	1.55 ▲ 0.33 (27.05%)
Pak Gulf Leasing / Mar 23 Pak-Gulf Leasing Company Limited(PGLC)	6.20 ▲ 0.55 (9.73%)
Premier Insurance / Mar 23 Premier Insurance Limited(PINL)	6.80 ▲ 0.55 (8.80%)
Hala Enterprise / Mar 23 Hala Enterprises Limited(HAEL)	6.90 ▲ 0.53 (8.32%)
Bal. Wheel / Mar 23 Baluchistan Wheels Limited(BWHL)	61.38 ▲ 4.28 (7.50%)
Khyber Tex. / Mar 23 Khyber Textile Mills Limited(KHYT)	276.84 ▲ 19.31 (7.50%)
Pak Tobacco / Mar 23 Pakistan Tobacco Company Limited(PAKT)	717.60 ▲ 50.05 (7.50%)
Shield Corp. / Mar 23 Shield Corporation Limited(SCL)	227.90 ▲ 15.90 (7.50%)
Sapphire Fibres / Mar 23 Sapphire Fibres Limited(SFL)	954.79 ▲ 66.61 (7.50%)
Towellers Ltd. / Mar 23 Towellers Limited(TOWL)	219.35 ▲ 15.30 (7.50%)

Stock	Price
Jubilee Spinning / Mar 23 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.92 ▼ -0.49 (-14.37%)
Saritow Spinning / Mar 23 Saritow Spinning Mills Limited(SSML)	4.18 ▼ -0.39 (-8.53%)
First Pak Mod. / Mar 23 First Pak Modaraba(PAKMI)	1.40 ▼ -0.12 (-7.89%)
Samba Bank / Mar 23 Samba Bank Limited(SBL)	7 ▼ -0.60 (-7.89%)
Dawood Equities / Mar 23 Dawood Equities Limited(DEL)	3.81 ▼ -0.32 (-7.75%)
Engro Poly(Pref / Mar 23 Engro Poly(Pref)(EPCLPS)	11.98 ▼ -1.00 (-7.70%)
Siddiqsons Tin / Mar 23 Siddiqsons Tin Plate Limited(STPL)	6.30 ▼ -0.52 (-7.62%)
Balochistan Glass / Mar 23 Balochistan Glass Limited(BGL)	12.30 ▼ -1.00 (-7.52%)
S.S.Oil / Mar 23 S.S.Oil Mills Limited(SSOM)	99.30 ▼ -8.05 (-7.50%)
Pakistan Services / Mar 23 Pakistan Services Limited(PSEL)	1188 ▼ -95.90 (-7.47%)

Stock	Volume
Fauji Cement / Mar 23 Fauji Cement Company Limited(FCCL)	17,466,000 ▼ -0.15
WorldCall Telecom / Mar 23 Worldcall Telecom Limited(WTL)	11,070,759 ▼ -0.01
Thatta Cement / Mar 23 Thatta Cement Company Limited(THCCL)	9,211,500 ▼ -0.26
Fauji Foods Ltd / Mar 23 Fauji Foods Limited(FFL)	7,739,024 ▼ -0.07
Ghani Glo Hol / Mar 23 Ghani Global Holdings Limited(GGL)	5,924,540 ▼ -0.65
Telecard Limited / Mar 23 Telecard Limited(TELE)	5,534,500 ▼ -0.49
Cnergyico PK / Mar 23 Cnergyico PK Limited(CNERGY)	4,848,036 ▼ -0.11
Unity Foods Ltd / Mar 23 Unity Foods Limited(UNITY)	4,691,640 ▼ -0.61
Pak Elektron / Mar 23 Pak Elektron Limited(PAEL)	4,522,500 ▼ -0.47
Hascol Petrol / Mar 23 Hascol Petroleum Limited(HASCOL)	4,470,500 ▼ -0.28

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 22	132.42
USD to Swiss Franc / Mar 22	0.92
Pound Sterling to USD / Mar 22	1.22
Euro to USD / Mar 22	1.08
UK LIBOR % / Mar 21	4.56

Stock	Volume
S&P 500 / Mar 21	4002.87
Nasdaq / Mar 21	11860.11
Dow Jones / Mar 21	32560.60
India Sensex / Mar 22	58214.59
Tokyo Nikkei / Mar 22	27466.61
Hang Seng / Mar 22	19591.43
FTSE 100 / Mar 22	7515.89
Germany DAX 30 / Mar 22	15179.43
France CAC40 / Mar 22	7097.16

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 21	177726
Crude Oil USD/Barrel / Mar 22	69.01
Gold Spot USD/Ounce / Mar 22	1940.41
Cotton US¢/pound / Mar 22	77.98

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