NEW YORK – OCTOBER 07: A trader works on the floor of the New York Stock Exchange October 7, 2008 … [+] in New York City. Despite a government debt buyout plan, the Dow continued to fall t...
Tag: Labour
Employment cost index undershoots expectations; Labour costs likely peaked
The Federal Funds Rate is arguably the most powerful economic instrument at the disposal of policymakers. Despite the accelerated tightening in 2022, the unemployment rate has stayed at historic lows ...
British Prime Minister Liz Truss Resigns, Time For Elections Says Labour – Trustnodes
Liz Truss has become the shortest serving prime minister in all the centuries of British government. In a statement to the British public, she said she has told King Charles she is resigning as leader...
JOLTs jolted: Did the Fed break the labour market?
In the Bureau of Labor Statistics (BLS) August release of the Job Openings and Labor Turnover Survey (JOLTS) report, the number of job openings, a measure of demand for labour, fell to 10.1 million. T...
Supermarkets Announce Discounted Meal Deals As Cost Of Living Crisis Continues To Bite
Major grocery retailers have been announcing discounts and offers as part of a government campaign … [+] to help consumers. Asda launched a Kids Eat for £1 offer. Any young person up to the age ...
Analysis: The UK labour market and the Bank of England’s shift to higher rates
In its jobs report released earlier today, the ONS reported that unemployment held steady at 3.8% in the United Kingdom, a fall of 0.1% on a quarterly basis, and a decline of 1.1% over the last 12 mon...