Trends - unemployment - Business Recorder

unemployment

Eurozone unemployment stable as virus still bites

Youth unemployment, which has skyrocketed during the Covid crisis, edged lower to 17.1 percent, Eurostat said.

Published 04 Mar, 2021 04:52pm

Business & Finance

UK unemployment edges up

LONDON: Britain’s unemployment rate edged up to 5.1 percent in the final quarter of 2020, official data showed on...

Updated 24 Feb, 2021 09:38am

World

Jobless rise leaves nearly a third out of work in S.Africa

The number of unemployed rose by 701,000 to 7.2 million compared to the third quarter of 2020," Stats SA said in a statement.

Published 23 Feb, 2021 04:51pm

Pakistan

ANP flays increase in power tariff

PESHAWAR: Awami National Party (ANP) has criticised the federal government for skyrocketing prices of daily use...

Updated 22 Feb, 2021 09:59am

Business & Finance

UK might need negative rates if recovery disappoints: BoE's Vlieghe

Vlieghe said in a speech published by the BoE that there was a risk of lasting job market weakness hurting wages and prices.
"In such a scenario, I judge more monetary stimulus would be appropriate, and I would favour a negative Bank Rate as the tool to implement the stimulus," he said.

Published 19 Feb, 2021 08:10pm

Markets

Aussie banks balance above topsy-turvy economy

The Melbourne-based bank and peers look well-placed to deal with pain in the pipeline too.

Published 18 Feb, 2021 12:22pm

Markets

Dubai bucks Gulf trend with blue-chip sell-off

DUBAI: Most stock markets in the Middle East ended higher on Tuesday, though the Dubai index was dragged into...

Published 17 Feb, 2021 04:24am

Business & Finance

UK economy slumps by 9.9pc in 2020, most in over 300 years

LONDON: Britain’s coronavirus-ravaged economy suffered its biggest crash in output in more than 300 years in 2020...

Published 13 Feb, 2021 04:11am

Markets

Thursday's early trade: Dow hits record high

NEW YORK: The Dow hit a record high on Thursday while the S&P 500 and the Nasdaq hovered near all-time highs as...

Published 12 Feb, 2021 04:54am

Business & Finance

US labour market struggling, but light at the end of tunnel

WASHINGTON: The number of Americans filing new applications for unemployment benefits fell slightly last week as the...

Updated 12 Feb, 2021 11:47pm

World

South Korea January jobs fall at sharpest pace in more than two decades

The number of full-time, permanent jobs grew 0.2% in January versus a year ago but the number of entrepreneurial jobs dropped almost 11%, showing uneven nature of the pain inflicted on the labour market.

Published 10 Feb, 2021 11:55am

World

Subsiding layoffs raise cautious optimism for US labour market

WASHINGTON: The number of Americans filing new applications for unemployment benefits decreased further last week,...

Updated 05 Feb, 2021 11:46pm

World

Dire unemployment forecast demands ‘immediate action’: White House advisers

WASHINGTON: Two top White House economists on Wednesday pushed back against overly rosy interpretations of the...

Published 04 Feb, 2021 04:13am

Pakistan

Moratorium on gas supply: KPTMA seeks CM’s intervention

PESHAWAR: Khyber Pakhtunkhwa Textile Mills Association (KPTMA), representing textile mills of KP, has rejected the...

Published 03 Feb, 2021 04:35am

World

Irish COVID-19 jobless claims level off after latest lockdown

Almost one-in-five prospective workers were temporarily or permanently out of work in Ireland at the end of December.

Published 02 Feb, 2021 12:31am

World

Spain's unemployment falls to 16.13% in Q4

Economists polled by Reuters had forecast Spain's unemployment rate would reach 16.6%.

Published 28 Jan, 2021 01:14pm

World lost equivalent of 255m jobs in 2020: UN

GENEVA: The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said Monday, with the...

Published 26 Jan, 2021 05:05am

Markets

US MIDDAY: Gold slips

NEW YORK: Gold prices eased from a two-week high on Thursday as investors booked some profit following a rally in ...

Published 22 Jan, 2021 04:47am

Business & Finance

US labour market gradually healing

• Housing, manufacturing power ahead WASHINGTON: The number of Americans filing new applications for unemployment...

Published 22 Jan, 2021 04:47am

Jobless claim data underscores employment crisis awaiting Biden

The unemployment rate has seen a similar trajectory, shooting up to 14.7 percent in April but declining in subsequent months to its current 6.7 percent.

Published 21 Jan, 2021 09:08pm

Markets

BoE's Haldane sees rapid economic recovery from COVID hit

Haldane said that he expected recovery to be faster than after the 2008-9 financial crisis, as the economic collapse in 2020.

Published 20 Jan, 2021 12:20am

Markets

Australia, NZ dollars hit pause awaiting clarity on Fed tapering

Job vacancies, retail sales, home building and house prices have all indicated a brisk recovery is underway, seemingly lessening the need for more monetary stimulus.

Published 14 Jan, 2021 12:06pm

World

Chile jobless rate eases to 10.8pc for Sept-Nov

Unemployment has been falling for four consecutive months after hitting a decade-long high of 13.1% in July.
The unemployment rate nonetheless remains 3.8 percentage points higher through November compared with the same period of the previous year.

Published 31 Dec, 2020 07:39pm

World

Unemployment in Latin America to hit highest level in more than a decade

The ILO said in a report that Latin America and the Caribbean would end this year with an estimated 30.1 million people unemployed.

Published 17 Dec, 2020 08:47pm

World

UK unemployment rate rises to 4.9%: official data

The number of UK redundancies meanwhile soared by a record 370,000 in the three months to October, despite an easing in the last month of the period.

Published 15 Dec, 2020 12:52pm

Markets

Australia's central bank sees lowering unemployment as national priority

Domestically, the economy had bounced back strongly in the third quarter, after a record tumble in the second, and further growth was expected in the current quarter.

Published 15 Dec, 2020 09:22am

World

Turkish unemployment dipped to lowest since 2018

Employers and officials expect a jump in unemployment once the government lifts the layoff ban, which has been extended until mid-2021.

Published 10 Dec, 2020 06:04pm

Mnuchin says COVID aid checks would spur more jobs than unemployment supplement

He said he was "cautiously hopeful" that the two parties could reach agreement on aid to support the economy until COVID-19 vaccines are widely available.

Published 10 Dec, 2020 10:41am

World

US October private employment rises 365,000, below expectations

The vast majority of new positions added were in the service sector, with goods producers making up the balance of 17,000, the data said.

Published 04 Nov, 2020 07:52pm

World

German unemployment falls in October

On a 12-month basis, around 556,000 more people were unemployed compared with the same point in the previous year.

Published 29 Oct, 2020 06:05pm

Gainers
Losers
Leaders

Stock	Price
786 Investments / Mar 9 786 Investments Limited(786)	10.00 ▼ 0.00 (0.00%)
AL- Abbas / Mar 9 Al-Abbas Sugar Mills Limited(AABS)	348.90 ▼ 0.00 (0.00%)
Agro Allianz / Mar 9 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 9 Allied Bank Limited(ABL)	79.36 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 9 Abbott Laboratories (Pakistan) Limited(ABOT)	743.64 ▼ 0.00 (0.00%)
Abson Ind. / Mar 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Mar 9 Attock Cement Pakistan Limited(ACPL)	173.83 ▼ 0.00 (0.00%)
Adam Sugar / Mar 9 Adam Sugar Mills Limited(ADAMS)	25.20 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Mar 9 786 Investments Limited(786)	10.00 ▼ 0.00 (0.00%)
AL- Abbas / Mar 9 Al-Abbas Sugar Mills Limited(AABS)	348.90 ▼ 0.00 (0.00%)
Agro Allianz / Mar 9 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 9 Allied Bank Limited(ABL)	79.36 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 9 Abbott Laboratories (Pakistan) Limited(ABOT)	743.64 ▼ 0.00 (0.00%)
Abson Ind. / Mar 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Mar 9 Attock Cement Pakistan Limited(ACPL)	173.83 ▼ 0.00 (0.00%)
Adam Sugar / Mar 9 Adam Sugar Mills Limited(ADAMS)	25.20 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 9	157.17
USD PKR Interbank Buying / Mar 9	157.07
USD to Japanese Yen / Mar 9	109.09
USD to Swiss Franc / Mar 9	0.94
Pound Sterling to USD / Mar 9	1.38
Euro to USD / Mar 9	1.18
UK LIBOR % / Mar 9	0.08

Stock	Volume
S&P 500 / Mar 9	3821.35
India Sensex / Mar 9	50441.07
Tokyo Nikkei / Mar 9	28665.52
Nasdaq / Mar 9	12609.16
Hang Seng / Mar 9	28540.83
FTSE 100 / Mar 9	6719.13
Dow Jones / Mar 9	31802.44
Germany DAX 30 / Mar 9	14380.91
France CAC40 / Mar 9	5902.99

Item	Value
Crude Oil / Mar 9	64.81
Karachi Cotton Assoc. / Mar 9	12000.00
Gold 10 Grams / Mar 9	94564.00
Gold Spot / Mar 9	1679.80
Cotton / Mar 9	88.32

unemployment

Eurozone unemployment stable as virus still bites

UK unemployment edges up

Jobless rise leaves nearly a third out of work in S.Africa

ANP flays increase in power tariff

UK might need negative rates if recovery disappoints: BoE's Vlieghe

Aussie banks balance above topsy-turvy economy

Dubai bucks Gulf trend with blue-chip sell-off

UK economy slumps by 9.9pc in 2020, most in over 300 years

Thursday's early trade: Dow hits record high

US labour market struggling, but light at the end of tunnel

South Korea January jobs fall at sharpest pace in more than two decades

Subsiding layoffs raise cautious optimism for US labour market

Dire unemployment forecast demands ‘immediate action’: White House advisers

Moratorium on gas supply: KPTMA seeks CM’s intervention

Irish COVID-19 jobless claims level off after latest lockdown

Spain's unemployment falls to 16.13% in Q4

World lost equivalent of 255m jobs in 2020: UN

US MIDDAY: Gold slips

US labour market gradually healing

Jobless claim data underscores employment crisis awaiting Biden

BoE's Haldane sees rapid economic recovery from COVID hit

Australia, NZ dollars hit pause awaiting clarity on Fed tapering

Chile jobless rate eases to 10.8pc for Sept-Nov

Unemployment in Latin America to hit highest level in more than a decade

UK unemployment rate rises to 4.9%: official data

Australia's central bank sees lowering unemployment as national priority

Turkish unemployment dipped to lowest since 2018

Mnuchin says COVID aid checks would spur more jobs than unemployment supplement

US October private employment rises 365,000, below expectations

German unemployment falls in October

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