Trends - unemployment - Business Recorder

unemployment

Cooling US inflation lifts hope for smaller Fed rate hike

WASHINGTON: Slowing inflation and a cooling property sector are fueling expectations that the US central bank can...

Published 29 Jan, 2023 12:14pm

World

Despite India’s economic growth, few jobs and meagre pay for urban youth

FARIDABAD: Ravi Verma, hired by an electrical parts manufacturing firm early last year as India’s economy surged,...

Published 23 Jan, 2023 02:25pm

World

Brazil’s unemployment continues to fall to new seven-year low

BRASÍLIA: Brazil’s unemployment continued to fall in the three months from September to November 2022, hitting a new...

Published 19 Jan, 2023 07:44pm

World

UK unemployment stable but inflation slams wages: data

LONDON: UK unemployment is steady but wages have tanked further, official data showed Tuesday, as sky-high inflation...

Published 17 Jan, 2023 02:57pm

Opinion

All is far from well

The state of the economy today should be a source of serious concern to the eleven-party coalition government in...

Published 02 Jan, 2023 05:54am

World

Turkey jobless rate rises ahead of tight election for Erdogan

ANKARA: Turkey’s unemployment rate edged up to 10.2% in October, data showed on Monday, posing a potential challenge...

Published 12 Dec, 2022 05:19pm

Editorials

Struggling labour market

EDITORIAL: The government is lucky to the extent that, once again, international institutions like ILO ...

Published 03 Dec, 2022 05:50am

World

Brazil unemployment continues fall

BRASÍLIA: Brazil’s unemployment rate continued its downward trend in the three months through October, hitting a...

Published 30 Nov, 2022 07:12pm

World

S.Africa jobless rate edges down again despite power cuts

JOHANNESBURG: South Africa’s unemployment rate fell slightly for a third consecutive quarter despite power cuts that...

Published 29 Nov, 2022 06:39pm

World

French govt slashes unemployment benefits

PARIS: The French government said Monday that jobseekers would see the amount of time they can claim benefits cut by...

Published 22 Nov, 2022 03:23am

World

US job growth beats expectations in October; unemployment rate rises to 3.7%

WASHINGTON: US employers hired more workers than expected in October, but a rise in the unemployment rate to 3.7%...

Published 04 Nov, 2022 06:00pm

World

India’s Modi promises 1mn government jobs as elections loom

NEW DELHI: Indian Prime Minister Narendra Modi’s office said on Thursday he would launch a drive this weekend to...

Published 20 Oct, 2022 04:24pm

Opinion

Candy-coated delusions

After being kicked out by the PDM (Pakistan Democratic Movement) government, former Finance Minister Miftah...

Published 12 Oct, 2022 05:46am

Pakistan

JI chief slams PTI, PDM for making deal with establishment

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has criticized the PTI and the PDM for making secret deals with the...

Published 06 Oct, 2022 05:59am

Business & Finance

Pakistan’s external account challenges: BoP president highlights enormous potential of blue economy

ISLAMABAD: The launch ceremony of the report entitled ‘Pathways to a sustainable blue economy: role of financial...

Published 30 Sep, 2022 05:52am

Opinion

We have met the enemy…

One would think that it couldn’t get any worse for a country overwhelmed by unprecedented political polarisation...

Published 22 Sep, 2022 05:48am

World

Thai jobless rate falls to 1.37% in Q2 as COVID-19 curbs eased

BANGKOK: Thailand’s unemployment rate in the second quarter dropped to 1.37% from 1.53% in the previous quarter as...

Published 26 Aug, 2022 10:04am

World

South Africa jobless rate falls despite floods, outages

JOHANNESBURG: South Africa’s unemployment rate fell for a second consecutive quarter despite widespread power cuts...

Published 23 Aug, 2022 05:49pm

Opinion

Price stabilisation and extent of tight monetary policy

‘Today American policymakers face a stark choice. Either, they can fight inflation by continuing to hike interest...

Published 19 Aug, 2022 05:57am

World

Global youth unemployment set to slip to 73 million in 2022: UN

GENEVA: The total global number of unemployed youths should fall to 73 million in 2022, down by two million from the...

Published 11 Aug, 2022 03:23pm

Opinion

Emerging economies: now is the time for unity

Pakistan’s economy is geared to move towards a low-level equilibrium. The fear of defaults, which was mostly...

Published 08 Aug, 2022 05:41am

Business & Finance

SBP should adopt effective strategies to stabilise rupee: Nkati

KARACHI: Faisal Moiz Khan, President North Karachi Association of Trade & Industry (NKATI), while expressing ...

Published 21 Jul, 2022 05:40am

World

Gunmen kill 15 people 'randomly' at Soweto bar in South Africa

JOHANNESBURG: Gunmen armed with rifles and pistols opened fire at people sitting in a tavern in the South African...

Published 10 Jul, 2022 02:51pm

Pakistan

Inflation, unemployment causing havoc in common man’s life: JI

LAHORE Chief of Jamaat-e-Islami Sirajul Haq has expressed serious concerns over government failure to provide relief...

Published 08 Jul, 2022 06:56am

Pakistan

PTI says govt step to rattle economy

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) lambasted Shehbaz Sharif-led coalition government on Friday for imposing a...

Updated 25 Jun, 2022 09:41am

Business & Finance

Fed hikes rates by 0.75 percentage point, flags slowing economy

WASHINGTON: The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday...

Published 15 Jun, 2022 11:28pm

Business & Finance

Economic Survey: Unemployment slightly down

ISLAMABAD: The unemployment rate slightly decreased from 6.9 per cent in 2018-19 to 6.3 per cent in 2020-21 showing...

Published 10 Jun, 2022 06:16am

World

In first since 2008, Spain unemployed falls below 3mn

MADRID: The number of jobseekers in Spain fell below three million in May for the first time in 15 years thanks to...

Published 02 Jun, 2022 05:30pm

Business & Finance

PAJCCI chief says delaying decisions to make matters worse

KARACHI: Chairman of the Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) Zubair Motiwala has...

Published 30 May, 2022 05:53am

Opinion

2020-21: Overstatement of employment

The labour force survey for 2020-21 has been released recently by the Pakistan Bureau of Statistics (PBS). Despite...

Published 06 May, 2022 05:03am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Feb 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 5 Al-Abbas Sugar Mills Limited(AABS)	352 ▼ 0.00 (0.00%)
Agro Allianz / Feb 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 5 Allied Bank Limited(ABL)	65.61 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 5 Abbott Laboratories (Pakistan) Limited(ABOT)	386.75 ▼ 0.00 (0.00%)
Abson Ind. / Feb 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 5 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 5 Attock Cement Pakistan Limited(ACPL)	55.48 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Feb 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 5 Al-Abbas Sugar Mills Limited(AABS)	352 ▼ 0.00 (0.00%)
Agro Allianz / Feb 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 5 Allied Bank Limited(ABL)	65.61 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 5 Abbott Laboratories (Pakistan) Limited(ABOT)	386.75 ▼ 0.00 (0.00%)
Abson Ind. / Feb 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 5 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 5 Attock Cement Pakistan Limited(ACPL)	55.48 ▼ 0.00 (0.00%)

Stock	Volume
Hub Power Co. / Feb 5 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.00
Cnergyico PK / Feb 5 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.00
Dewan Motors / Feb 5 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.00
Gul Ahmed / Feb 5 Gul Ahmed Textile Mills Limited(GATM)	4,995,028 ▼ 0.00
WorldCall Telecom / Feb 5 Worldcall Telecom Limited(WTL)	4,832,816 ▼ 0.00
TRG Pak Ltd / Feb 5 TRG Pakistan Limited(TRG)	4,574,299 ▼ 0.00
Lotte Chemical / Feb 5 Lotte Chemical Pakistan Limited(LOTCHEM)	3,805,565 ▼ 0.00
K-Electric Ltd. / Feb 5 K-Electric Limited(KEL)	3,686,127 ▼ 0.00
Pak Petroleum / Feb 5 Pakistan Petroleum Limited(PPL)	3,499,066 ▼ 0.00
Nishat Chun.Pow. / Feb 5 Nishat Chunian Power Limited(NCPL)	3,492,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 3	277.17
USD PKR Interbank Buying / Feb 3	278.67
USD to Japanese Yen / Feb 3	131.19
USD to Swiss Franc / Feb 3	0.93
Pound Sterling to USD / Feb 3	1.21
Euro to USD / Feb 3	1.08
UK LIBOR % / Feb 3	4.30

Stock	Volume
S&P 500 / Feb 3	4136.48
India Sensex / Feb 3	60841.88
Tokyo Nikkei / Feb 3	27509.46
Nasdaq / Feb 3	12006.96
Hang Seng / Feb 3	21660.47
FTSE 100 / Feb 3	7901.80
Dow Jones / Feb 3	33926.01
Germany DAX 30 / Feb 3	15546.43
France CAC40 / Feb 3	7233.94

Item	Value
Crude Oil USD/Barrel / Feb 3	73.39
Karachi Cotton PKR/37.32 KG / Feb 3	22235
Gold 10 Grams PKR / Feb 3	208500
Gold Spot USD/Ounce / Feb 3	1864.97
Cotton US¢/pound / Feb 3	85.43

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