Trends - unemployment rate - Business Recorder

unemployment rate

Spain jobless rate down on recovery in tourism sector

MADRID: Spain’s unemployment rate fell in the second quarter of 2022, data showed on Thursday, helped by a recovery...

Published 28 Jul, 2022 06:27pm

Pakistan

Khurram Dastgir confident inflation will slow down from September

Says rupee will stabilise after friendly countries disburse financial aid
Stresses that Pakistan has enough reserves to cover 2 months for diesel, and 34 days for petrol

Updated 21 Jul, 2022 05:02pm

Editorials

Joblessness: Is the crisis for real?

EDITORIAL: The economic activities are slowing down. Both monetary and fiscal policies are working by design under...

Published 21 Jul, 2022 05:40am

World

US job growth likely slowed in June; unemployment rate seen at 3.6%

WASHINGTON: US employers likely hired the fewest workers in 14 months in June, but the jobless rate probably...

Published 08 Jul, 2022 10:54am

World

US job growth beats expectations; unemployment rate steady at 3.6%

WASHINGTON: US employment increased more than expected in May, while the unemployment rate held steady at 3.6%,...

Published 03 Jun, 2022 05:46pm

Editorials

The need for across the board sacrifice

EDITORIAL: There is overwhelming evidence that in spite of a high growth rate in the current year other ...

Published 02 Jun, 2022 06:19am

Markets

Wall Street tumbles again as strong jobs growth fuels rate hike fears

NEW YORK: US stock indexes extended losses for a second day on Friday as elevated US Treasury yields dragged growth...

Published 07 May, 2022 05:46am

Markets

Wall St tumbles again as strong jobs growth fuels rate hike fears

U.S. stock indexes extended losses for a second day on Friday as elevated U.S. Treasury yields dragged growth shares...

Published 06 May, 2022 08:30pm

World

US labor market rapidly tightening; unemployment rate drops to 3.6%

WASHINGTON: US job growth continued at a brisk clip in March, with the unemployment rate falling to a new two-year...

Published 01 Apr, 2022 07:06pm

World

South Africa’s jobless rate hits new high

JOHANNESBURG: The unemployment rate in South Africa soared to its highest level on record in the final quarter of...

Published 29 Mar, 2022 05:20pm

Fed hikes rates, signals aggressive turn against inflation

WASHINGTON: The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and projected...

Published 16 Mar, 2022 11:14pm

Opinion

China’s economic development full of resilience and great potential

In 2021, facing complex domestics and international landscapes and all kinds of risks and challenges, China has been...

Published 26 Feb, 2022 04:37am

Editorials

From demographic dividend to disaster

EDITORIAL: It’s no secret that unemployment and under-employment are among Pakistan’s biggest problems, as in...

Published 09 Feb, 2022 05:46am

World

Saudi unemployment unchanged at 11.3% in Q3

DUBAI: Unemployment among Saudi citizens remained at 11.3% in the third quarter, unchanged from the previous three...

Published 20 Dec, 2021 01:33pm

Markets

S&P 500 ends lower after U.S. September jobs miss

The S&P 500 ended lower on Friday after data showed weaker jobs growth than expected in September, yet investors...

Published 09 Oct, 2021 01:45am

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

Editorials

Labour survey lessons

EDITORIAL: The Labour Force Survey (LFS) published by the Pakistan Bureau of Statistics (PBS) carries data till...

Published 26 Sep, 2021 03:23am

World

US job growth solid in July; unemployment rate falls to 5.4%

Nonfarm payrolls increased by 943,000 jobs last month after rising 938,000 in June
Estimates ranged from as low as 350,000 to as high 1.6 million
The unemployment rate fell to 5.4% from 5.9% in June

Published 06 Aug, 2021 06:09pm

Markets

Gold gains in NY

NEW YORK: Gold rose in early New York trade on Friday, climbing further up from a two-month trough hit during the...

Published 03 Jul, 2021 03:19am

Business & Finance

Brazil’s unemployment rate stuck at historic high 14.7pc

BRASILIA: Brazil’s unemployment rate held steady at a historic high of 14.7% in the three months through April,...

Published 01 Jul, 2021 04:09am

Business & Finance

UK unemployment dips

LONDON: Britain's unemployment rate dipped to 4.7 percent in the three month to the end of April as the UK economy...

Published 16 Jun, 2021 03:39am

World

US job growth picks up in May; unemployment rate falls to 5.8pc

Nonfarm payrolls increased by 559,000 jobs last month, the Labor Department said in its closely watched employment report on Friday.
A worker shortage blamed on childcare complications, generous unemployment checks and lingering fears over COVID-19 sharply restrained hiring. There are a record 8.1 million job openings.

Published 04 Jun, 2021 07:40pm

Markets

South Africa's rand at 16-month high after Moody's makes no change

The rand rose by 0.36pc to 14.0000 against the dollar, its highest level since early January 2020, from its previous close on Friday of 14.0500.

Updated 10 May, 2021 11:02pm

World

COVID crisis pushed 75 million Indians into poverty in 2020

The number of Indians living below the poverty line is expected to reach 134 million, which is more than double the 59 million projected prior to the recession
The poverty rate in India rose to 9.7 percent in 2020, a sharp increase from the January 2020 forecast of 4.3 percent

Updated 05 May, 2021 11:01am

Business & Finance

US retail sales climb; jobless claims fall

WASHINGTON: US retail sales rose by the most in 10 months in March as Americans received additional pandemic relief...

Updated 16 Apr, 2021 09:54am

World

Turkey joblessness up; underutilisation eases from record

The non-agricultural unemployment rate rose to 15.3% from 14.6% a month earlier and youth unemployment rose 0.4 points to 26.9%.

Published 12 Apr, 2021 01:46pm

Business & Finance

Eurozone unemployment stable, no jobs crisis for now

BRUSSELS: The level of unemployment in the eurozone did not change in February, official data showed on Tuesday, as...

Updated 07 Apr, 2021 09:51am

World

US job growth accelerates in March; unemployment rate falls to 6.0pc

Nonfarm payrolls surged by 916,000 jobs last month, the Labor Department said on Friday. That was be the biggest gain since last August. Data for February was revised higher to show 468,000 jobs created instead of the previously reported 379,000.
Nearly 1.7 million jobs were lost that month, and another 20.7 million would vanish in April.

Published 02 Apr, 2021 06:03pm

Business & Finance

Rise in US weekly jobless claims belies improving labour market conditions

WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, though...

Published 02 Apr, 2021 04:58am

Business & Finance

42pc Pakistanis expect rise in unemployment in coming months, reveals Survey

Overall CCI increased to 90.3 in Q4 from 79.0 in Q1, up 14.3% as the improvement in the current situation was magnified by a recovery from a low base.

Published 26 Mar, 2021 02:17pm

Gainers
Losers
Leaders

Stock	Price
Elite Cap.Mod / Aug 11 First Elite Capital Modaraba(FECM)	3.50 ▲ 0.51 (17.06%)
First Fidelity Leas. / Aug 11 First Fidelity Leasing Modaraba(FFLM)	2.70 ▲ 0.35 (14.89%)
Saritow Spinning / Aug 11 Saritow Spinning Mills Limited(SSML)	8.50 ▲ 1.00 (13.33%)
United Insurance / Aug 11 The United Insurance Company(UNIC)	9.13 ▲ 1.00 (12.30%)
Pace (Pak) Ltd. / Aug 11 Pace (Pakistan) Limited(PACE)	3.35 ▲ 0.34 (11.30%)
First Pak Mod. / Aug 11 First Pak Modaraba(PAKMI)	2.60 ▲ 0.24 (10.17%)
Shadman Cotton / Aug 11 Shadman Cotton Mills Limited(SHCM)	11.00 ▲ 1.00 (10.00%)
Popular Islamic / Aug 11 Popular Islamic Modaraba(PIM)	10.35 ▲ 0.85 (8.95%)
Service Textile / Aug 11 Service Industries Textiles Limited(SERT)	9.75 ▲ 0.74 (8.21%)
Escorts Bank / Aug 11 Escorts Investment Bank Limited(ESBL)	6.48 ▲ 0.49 (8.18%)

Stock	Price
Pak Gulf Leasing / Aug 11 Pak-Gulf Leasing Company Limited(PGLC)	5.30 ▲ -0.81 (-13.26%)
Shaheen Ins. / Aug 11 Shaheen Insurance Company Limited(SHNI)	3.20 ▲ -0.38 (-10.61%)
Aruj Industries / Aug 11 Aruj Industries Limited(ARUJ)	11.81 ▲ -0.99 (-7.73%)
Baba Farid / Aug 11 Baba Farid Sugar Mills Limited(BAFS)	40.79 ▲ -3.31 (-7.51%)
Ellcot Spinning / Aug 11 Ellcot Spinning Mills Limited(ELSM)	148.00 ▲ -12.00 (-7.50%)
AKD Securities / Aug 11 AKD Securities Limited(AKDSL)	31.93 ▲ -2.58 (-7.48%)
Supernet Ltd. / Aug 11 Supernet Limited(GEMSPNL)	13.15 ▲ -1.05 (-7.39%)
Punjab Oil / Aug 11 Punjab Oil Mills Limited(POML)	160.12 ▲ -12.78 (-7.39%)
Dewan Sugar / Aug 11 Dewan Sugar Mills Limited(DWSM)	2.15 ▲ -0.17 (-7.33%)
Habib Rice Products / Aug 11 Habib Rice Product Limited(HRPL)	34.51 ▲ -2.69 (-7.23%)

Stock	Volume
Unity Foods Ltd / Aug 11 Unity Foods Limited(UNITY)	19,595,177 ▼ 0.00
K-Electric Ltd. / Aug 11 K-Electric Limited(KEL)	19,236,500 ▼ 0.00
WorldCall Telecom / Aug 11 Worldcall Telecom Limited(WTL)	18,373,500 ▼ 0.00
Cnergyico PK / Aug 11 Cnergyico PK Limited(CNERGY)	16,954,001 ▼ 0.00
Ghani Glo Hol / Aug 11 Ghani Global Holdings Limited(GGL)	14,496,333 ▼ 0.00
Pace (Pak) Ltd. / Aug 11 Pace (Pakistan) Limited(PACE)	13,199,000 ▼ 0.00
Pak Refinery / Aug 11 Pakistan Refinery Limited(PRL)	11,893,662 ▼ 0.00
TPL Properties / Aug 11 TPL Properties Limited(TPLP)	9,570,852 ▼ 0.00
Fauji Foods Ltd / Aug 11 Fauji Foods Limited(FFL)	9,027,042 ▼ 0.00
Balochistan Glass / Aug 11 Balochistan Glass Limited(BGL)	8,434,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 10	222.50
USD PKR Interbank Buying / Aug 10	221.50
USD to Japanese Yen / Aug 10	132.86
USD to Swiss Franc / Aug 10	0.94
Pound Sterling to USD / Aug 10	1.22
Euro to USD / Aug 10	1.03
UK LIBOR % / Aug 10	2.32

Stock	Volume
S&P 500 / Aug 10	4210.24
India Sensex / Aug 10	58817.29
Tokyo Nikkei / Aug 10	27819.33
Nasdaq / Aug 10	12854.80
Hang Seng / Aug 10	19610.84
FTSE 100 / Aug 10	7507.11
Dow Jones / Aug 10	33309.51
Germany DAX 30 / Aug 10	13700.93
France CAC40 / Aug 10	6523.44

Item	Value
Crude Oil USD/Barrel / Aug 10	91.33
Karachi Cotton PKR/37.32 KG / Aug 10	17235.00
Gold 10 Grams PKR / Aug 10	128500.00
Gold Spot USD/Ounce / Aug 10	1790.68
Cotton US¢/pound / Aug 10	100.94

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