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Apr 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

unemployment rate

Gold gains in NY
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
US job growth picks up in May; unemployment rate falls to 5.8pc
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
COVID crisis pushed 75 million Indians into poverty in 2020
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
US job growth accelerates in March; unemployment rate falls to 6.0pc
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
Nigeria's unemployment rose to 33.3pc in fourth quarter, stats office says
World

Nigeria's unemployment rose to 33.3pc in fourth quarter, stats office says

  • The unemployment rate stood at 33.3% in the fourth quarter, the National Bureau of Statistics (NBS) said, up from 27.1% in the second quarter, when the data was last published. Unemployment of 23.1% was first reported for the third quarter of 2018.
  • Access Bank, Nigeria's largest lender, cut staff salaries and sacked contract workers accounting for 75% of its 30,000 workforce to save costs, banking sources told Reuters.
Updated 15 Mar, 2021 09:26pm
Brazil unemployment rate falls to 13.9pc in quarter through December
World

Brazil unemployment rate falls to 13.9pc in quarter through December

  • The average unemployment rate last year was 13.5%, IBGE said, up from 11.9% the year before and the highest since the series began eight years ago.
  • The IBGE figures showed 86.2 million Brazilians had work, up 4.5%, or 3.7 million people, from the July-September period, although still down 8.9%, or 8.4 million people, from the same period a year earlier.
Published 26 Feb, 2021 06:05pm
Thai jobless rate dips in Q4 but remains near multi-year high
World

Thai jobless rate dips in Q4 but remains near multi-year high

  • Employment increased slightly, while the unemployment rate remained high and working hours were still lower than pre-crisis levels.
  • Employment increased slightly, while the unemployment rate remained high and working hours were still lower than pre-crisis levels.
Published 23 Feb, 2021 05:22pm
US job growth rebound less than expected; more government aid needed
World

US job growth rebound less than expected; more government aid needed

  • The Labor Department said on Friday nonfarm payrolls increased by 49,000 jobs last month. Data for December was revised to show 227,000 jobs lost instead of 140,000 as previously reported.
  • The unemployment rate was at 6.3% in January. The jobless rate has been understated by people misclassifying themselves as being "employed but absent from work."
Published 05 Feb, 2021 07:55pm
Irish COVID-19 unemployment rate climbs to 25pc in January
World

Irish COVID-19 unemployment rate climbs to 25pc in January

  • Restrictions, including the closure of shops and restaurants and a ban on travel and home visits, were dropped for most of December but reimposed late in that month following a surge in infections.
  • Excluding those on the emergency Pandemic Unemployment Payment, 5.8% of the workforce were registered as unemployed in January.
Published 03 Feb, 2021 07:09pm