Dollar drops after US job data NEW YORK: The dollar fell to a three-week low against the yen on Friday after data showed that US jobs growth slowed... Published 04 May, 2024 05:48am
Business & Finance Fed still sees three rate cuts in 2024 amid sticky inflation, stronger economy WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, but policymakers indicated they still... Published 20 Mar, 2024 11:13pm
Markets Europe’s STOXX 600 logs weekly gains PARIS: Europe’s main stock indices were flat on Friday, but notched strong gains over the week that saw record... Published 09 Mar, 2024 04:59am
World Global unemployment seen rising modestly in 2024: UN labour body GENEVA: The global unemployment rate is expected to inch up to 5.2% this year primarily because of a rise in... Published 10 Jan, 2024 05:33pm
Opinion Outlook 2024-I Global perspective has recently changed as economies have shown to be more resilient than experts had anticipated.... Published 02 Jan, 2024 05:21am
Opinion The giant ship of China’s economy will continue to cleave the waves Since the beginning of this year, the China’s economy has been moving forward, overcoming obstacles and showing a... Published 20 Dec, 2023 06:22pm
Pakistan ‘Green jobs for women, youth are need of the hour’ LAHORE: “Currently, 64 percent of Pakistan population is younger than 30 years of age. The country now has more... Published 12 Aug, 2023 06:26am
Opinion The youth bulge The high rate of population growth of Pakistan, among the highest in the world, has led to the emergence of a large... Updated 04 Jul, 2023 05:50am
Print Unemployment rate fell to 6.3pc in FY21 ISLAMABAD: Pakistan’s unemployment rate fell to 6.3 percent in 2020-2021 from 6.9 per cent in 2018-2019, according... Updated 09 Jun, 2023 08:59am
World Slower US job growth expected in April; unemployment rate seen rising to 3.6% WASHINGTON: US employers likely hired the fewest workers in nearly 2-1/2 years in April as the cumulative and... Published 05 May, 2023 09:32am
Print World Bank estimates fall in GDP per capita income to $1,399 Says poverty will inevitably increase with pressures from weak labour markets and high inflation Updated 15 Apr, 2023 08:33pm
Opinion Big rise in poverty, unemployment The current combination of various negative factors is likely to lead to a big exponential jump in the number of... Updated 04 Feb, 2023 07:11am
Business & Finance Fed delivers another big rate hike; Powell vows to 'keep at it' WASHINGTON: Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would "keep... Updated 22 Sep, 2022 04:46am
Markets Copper bounces after US jobs data LONDON: Copper prices rebounded from their lowest in more than a month on Friday after US jobs data spurred optimism... Published 04 Sep, 2022 05:44am
World 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
