Tag: Employment Data
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Hong Kong Unemployment Holds at 3.8% Amid Solid Economic Expansion
Hong Kong’s Unemployment Rate Stays Steady at 3.8% Hong Kong’s jobless rate edged or, more precisely, remained unchanged at 3.8% in the latest three-month window, according to preliminary data from the Census and Statistics Department. While the headline figure stayed flat, the labour market has shown mixed signals as the workforce and total employment declined…
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Hong Kong Unemployment Holds at 3.8% as Economy Maintains Momentum
HK jobless rate unchanged at 3.8% amid solid growth Hong Kong’s unemployment rate remained steady at 3.8% in the latest three-month period, even as the labour market saw a small contraction in both the number of people seeking work and total employment. The preliminary figures released by the Census and Statistics Department point to a…
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Namibia Admits Inability to Track Jobs Created Under New Administration
Namibia’s Admission: A Gap in Job Tracking In a candid disclosure during a general meeting with the Namibia Statistics Agency, the National Planning Commission (NPC) director general, Kaire Mbuende, acknowledged a critical challenge: there is no reliable system to quantify how many jobs have been created since the current administration took office. The admission underscores…
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Vacancies Slump to Four-Year Low as Firms Brace for Budget
Overview: A Cautious Hiring Landscape Job vacancies have fallen to a four-year low as businesses prepare for the upcoming Budget, signaling a cautious approach to recruitment amid potential tax rises and policy shifts. October data show visually convincing signs that employers are tightening the reins on hiring, with vacancies totaling 796,385—down more than 7% from…
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Dollar Strengthens Ahead of Key U.S. Inflation Data
Dollar Strengthens in Forex Market In the bustling New York foreign exchange market, the dollar has shown a notable increase against most major currencies, with the exception of the Japanese yen. This rise comes as investors position themselves ahead of crucial U.S. inflation data slated for release later this week. Upcoming Inflation Reports On October…
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U.S. Stock Market Hits Record Highs Amid Slowdown
U.S. Stock Market Achieves New Heights The U.S. stock market has seen a remarkable uptick, with the S&P 500 and Nasdaq Composite both closing at record highs. This surge comes in the wake of new employment data that suggests a slowdown in job growth, leading analysts to speculate on potential interest rate cuts by the…
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U.S. Stock Market Hits Record Highs Amid Employment Slowdown
U.S. Stock Market Reaches New Heights The U.S. stock market has experienced a remarkable surge, with the S&P 500 and Nasdaq Composite closing at record highs. This upward trend has been significantly influenced by recent employment statistics that suggest a slowdown in job growth, which many analysts interpret as a potential signal for the Federal…
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Jamie Dimon warns of US economic slowdown
Jamie Dimon’s Warning on the US Economy Jamie Dimon, the longstanding CEO of JPMorgan Chase, has raised a significant alarm regarding the state of the U.S. economy. In a recent interview with CNBC, he discussed the implications of the latest employment data showing a record revision, which he interprets as a sign of a worrying…
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US Stock Market Hits Record Highs Amid Employment Slowdown
US Stock Market Reaches New Heights The US stock market has seen a remarkable rise, with the S&P 500 and Nasdaq Composite both closing at record highs. This surge can be directly linked to the recent adjustment in US employment data, which has sparked widespread speculation about potential interest rate cuts from the Federal Reserve…
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Jamie Dimon Warns: US Economy is Weakening
Introduction The economic landscape in the United States is showing signs of significant change, as highlighted by Jamie Dimon, the CEO of JPMorgan Chase. During a recent interview with CNBC, Dimon discussed the implications of the record reassessment of employment figures, emphasizing that this revision is a clear indicator of a slowing economy. The Significance…