Tag: Economic Indicators
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US Inflation Report Canceled After Government Shutdown: What It Means
Overview: Why the October Inflation Report Was Canceled The United States Bureau of Labor Statistics (BLS) announced that it would not release the Consumer Price Index (CPI) data for October due to the lingering effects of a recent government shutdown. This marks a rare interruption in the usual monthly flow of inflation statistics that businesses,…
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US Inflation Report for October Scrapped After Historic Government Shutdown
What happened to the October inflation report? The United States Bureau of Labor Statistics (BLS) has announced that it will not release the October inflation figures. The decision comes as a direct consequence of the ongoing government shutdown, marking a rare and historically significant halt in one of the country’s key macroeconomic indicators. Without the…
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Ireland’s Unemployment Rises to 5.3% in Q3, The Highest Since 2021
Ireland’s Unemployment Rate Climbs to 5.3% in Q3 The CSO has reported that the unemployment rate for people aged 15 to 65 rose to 5.3% in the third quarter of this year, up from 4.5% in the same period last year. This marks the highest level observed since the third quarter of 2021, a notable…
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Ireland’s Unemployment Surges to Highest Level Since 2021, CSO Reports
Summary of the CSO figure The Central Statistics Office (CSO) has reported that the unemployment rate for people aged 15 to 65 rose to 5.3% in the third quarter, up 0.8 percentage points from 4.5% a year earlier. This marks the highest level observed since the third quarter of 2021, as Ireland transitions from the…
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Ireland’s Unemployment Rate Hits 5.3% in Q3, Highest since 2021
Overview: Unemployment Reaches 5.3% in Q3 The Central Statistics Office (CSO) reports that the unemployment rate for people aged 15 to 65 rose to 5.3% in the third quarter of this year, up from 4.5% in the corresponding period last year. This marks the highest rate recorded since the third quarter of 2021, as Ireland…
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September Jobs Report Delayed: What It Means for Markets
Overview: An Overdue Snapshot of the U.S. Job Market The September jobs report arrives today, but it comes with a caveat: the data is almost seven weeks late. The delay, triggered by a government shutdown that interrupted data gathering, means investors and policymakers will have to navigate uncertainty about the state of the labor market.…
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September Jobs Report Delayed: Overdue Labor Market Snapshot
Overview: A delayed glimpse into the U.S. labor market The September jobs report, long anticipated by economists, investors, and policymakers, arrives later than usual, as the Labor Department releases data almost seven weeks behind schedule. The government shutdown disrupted the data-gathering process, pushing the release deep into December and leaving a gap in timely insight…
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September Jobs Report Delayed: What the Overdue Bureau Says About the U.S. Labor Market
Overview: A Delayed Snapshot of the U.S. Job Market The Labor Department released an overdue September jobs report on Thursday, a release that arrived almost seven weeks later than planned. The government shutdown disrupted data collection, pushing this essential snapshot into a much later window and delaying any subsequent updates until mid-December. For economists, policymakers,…
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Why One Australian State Has Lagged Economically Since 2000
Australia’s Economic Narrative: A State-by-State Snapshot New figures paint a nuanced picture of Australia’s economic performance over the past two decades. While some states have benefited from rapid growth, others have lagged behind due to a mix of structural factors, shifting industry mixes, and public-sector dynamics. Among these, the debate about which state has the…
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What Happened Wednesday: Key Mortgage Rate Moves and Market Signals
What happened Wednesday: A quick snapshot Wednesday delivered a notable shift in the housing and mortgage markets. A prominent lender, FMT, cut its minimum mortgage lending rates, signaling a broader push to make home loans more affordable in a time of shifting interest-rate expectations. For homebuyers, homeowners reconsidering refi options, and real estate watchers, the…