Newsletter

US April Employment Report Shows Weaker Data, But No Impact on Fed Interest Rate Decision

2024-05-03 20:45 Ren Zhongyuan Daily Economic Digest / Comprehensive Foreign News The data in the US April employment report was broadly weaker and worse than expected, but not enough to affect a rate decision Federal Reserve (Fed) interest. Associated Press The data in the US April employment report were generally weaker and worse than expected, […]

Employment Growth Slows Down in South Korea: March 2024 Statistics

The number of employed people continues to increase, but the rate of increase has dropped to about half (Photo = Statistics Korea) [충남일보 이승우 기자] As sluggish domestic demand had a negative impact on the jobs market, the increase in the number of employed people appeared to continue at the previous half of the month. […]

US Non-Farm Payrolls Report: December Employment Data Surpasses Expectations

Data released by the US Labor Department on Friday (5th) showed that non-farm employment increased by 216,000 in December last year, well above market expectations of 170,000. The previous value was revised down significantly from 199,000 to 173,000. The unemployment rate fell to 3.7% that month, below market expectations of 3.8% and the same as […]

Important news for job aspirants in USA

Like the rest of the world, the economic situation in the United States had worsened during the last three years due to Corona, but now there are some signs of improvement, due to which the unemployment rate has decreased. A foreign news agency Reports According to US government data released in November, the unemployment rate […]

US Stock Indexes Open Lower as Strong Jobs Data Dampens Rate Cut Hopes

US Stock Markets Open Lower as Nonfarm Payrolls Exceed Expectations Major US stock indexes opened lower on Friday (8th) as the number of US nonfarm payrolls in November far exceeded expectations, suggesting the jobs market remains resilient and dampening hopes of the market for an interest rate cut by the Federal Reserve (Fed) in March […]

November Nonfarm Payrolls Report: Employment Surges, Unemployment Rate Drops

November Nonfarm Employment Report Data released by the US Labor Department on Friday, December 8th, revealed that non-farm employment in November surpassed market expectations, with an increase of 199,000 jobs. This figure exceeded the anticipated 180,000 jobs and the previous value of 150,000. Additionally, the unemployment rate fell to 3.7% in November, lower than both […]

The Impact of Economic Crises: Causes, Effects, and Historical Examples

Economic Crises: A Look at History and Indicators In economics, an economic crisis is used to refer to a situation where a country experiences a sudden economic decline, resulting in a significant reduction in economic activity and high unemployment rates. This is often accompanied by a fall in the stock market and a lack of […]

US Treasury Yields Fall Sharply as Economic Data Fuels Rate Cut Optimism

US Treasury Bond Yields Fall as Economic Data Boosts Rate Cut Speculation On Thursday, benchmark 10-year US Treasury bond yields experienced a sharp decline, leading to a rebound in prices. This was driven by the release of the latest US economic data, which heightened optimism about a potential rate cut next year. Following the release […]

Unemployment rate, at its lowest level of the year; August report

The unemployment rate in the country stood at 3.0% in August, 0.6 percentage points below that reported in the same month of 2022, according to the National Occupation and Employment Survey (ENOE) prepared by the National Institute of Statistics and Geography (Inegi). So The unemployed population totaled 1.8 million people, 308 thousand less than in […]

Election campaign in Bavaria: Söder is irritating with country comparisons

Bavaria is the best place to live, says Bavarian Prime Minister Markus Söder. However, the “facts” he cites are not entirely correct. Bavaria’s Prime Minister Markus Söder used false numbers shortly before the upcoming state elections in Bavaria. Bavaria is the best country. “The facts speak for us. We are the strongest country in terms […]