Tag: Unemployment
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Unemployment Latest: Grim or Turning Point for Jobs Market
Shifting Readings: Grim Trends or a Possible Turning Point? The release of the latest labor market figures on Wednesday, November 5, arrives with a mix of expectations and nerves. For months, commentators have debated whether the unemployment rate is on a stubborn climb or if signs of resilience are starting to surface. The answer could…
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Unemployment Front: Is the Jobs Market Deepening or Dodging a Bullet?
Two Signals, One Report: What the November Jobs Data Might Reveal With the release of the November unemployment figures just around the corner, investors, policymakers, and workers alike are asking one key question: is the labor market cooling, or is it finally showing resilience after a turbulent year? The upcoming jobs report will be a…
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Unemployment Watch: Grim Signals or a Turning Point for the Jobs Market?
Unemployment Watch: What the November Jobs Report Could Reveal Trading floor chatter and policy debates have framed the upcoming jobs report as a potential inflection point for the labor market. With data due on Wednesday, November 5, analysts will be watching closely to see whether the unemployment rate keeps rising, stabilizes, or begins a slow…
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ASX Hits Record High Again as Unemployment Rises and Rate Cut Bets Return
ASX Reaches New Record High on Jobs Data and Rate-Cut Bets The Australian share market surged to another record high as September unemployment data highlighted a softer jobs market, reviving expectations for further cuts to the cash rate. Traders pushed risk assets higher on the prospect that the Reserve Bank of Australia (RBA) could ease…
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ASX Reaches Record High as Unemployment Jump Fuels Bets on Rate Cuts
ASX closes at a fresh record as unemployment rises The Australian share market closed at a new record high as the September jobs data sparked renewed bets on further interest rate cuts from the Reserve Bank of Australia (RBA). The S&P/ASX 200 finished up 77 points, or 0.86%, at 9,068.40, topping the previous record high…
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ASX Surges to New High as Unemployment Jump Revives Bet on Rate Cuts
ASX Reaches a Leap Forward on Jobs Data The Australian share market jumped to a fresh record, supported by a surprising twist in the jobs data that revived expectations for further Reserve Bank of Australia (RBA) rate cuts. The S&P/ASX 200 surged through intraday trading and closed at a new peak, underscoring how a weaker…
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Powell Signals More Rate Cuts as US Job Market Cools
Overview: Powell Ignores a Cooling Jobs Market as It Pushes for Policy Easing Federal Reserve Chair Jerome Powell signalled a readiness to consider another quarter-point cut to U.S. borrowing costs as the labor market shows fresh signs of cooling. Speaking in Philadelphia, Powell warned that downside risks to employment have risen, a clear indication that…
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US job openings barely budged in August at 7.23 million
August job openings hold steady at 7.23 million U.S. job openings in August edged up to 7.23 million from 7.21 million in July, the Labor Department said Tuesday. Economists had forecast a drop to 7.1 million, making the report a touch stronger than expected in a period of economic uncertainty tied to policy shifts and…
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US Job Openings Hold Steady in August as Uncertainty Persists
August Job Openings Hold Steady Amid Economic Uncertainty WASHINGTON — U.S. job openings were essentially unchanged in August, ticking up to 7.23 million from 7.21 million in July. The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) arrived as policymakers and business leaders weigh a mix of headwinds, including ongoing trade policy uncertainty under…
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Ladakh Protests: Tragic Violence Erupts in Gen Z Demonstration
The Ladakh Protests: A Call for Statehood Ladakh has witnessed a wave of protests led primarily by the younger generation, known as Gen Z, demanding statehood for the region. Starting from September 10, these protests began peacefully but escalated into violence last Monday, resulting in the tragic loss of four lives and injuries to around…