TAG: Employment
Eurozone inflation dips in January as investors eye early rate cut
FRANKFURT — Eurozone inflation eased as expected in January, fueling hopes for an early European Cen...
8 months ago
EU heavyweights urge ‘ambitious’ 2040 climate targets — breaking silence
Several of Europe's most powerful countries implored Brussels to set "an ambitious climate target fo...
8 months ago
ECB tells staff: If you’re not green, you’re not wanted
FRANKFURT ― A top European Central Bank official stunned employees by saying people who don’t buy into the institution’s green objectives aren’t welcome to work there.Frank Elderson, one of six members of the ECB’s executive board, told an internal meetin...
6 months ago
Netflix earnings are expected tonight
S&P 500 and Nasdaq S&P 500 and NASDAQ fell for a fourth straight day on Wednesday. Overnight, Asia–Pacific (APAC) indices rose across the board. In Australia, the unemployment rate rose to 3.8% in March from 3.7% the previous month. The number of...
5 months ago
France gets a reprieve on credit rating, but doubts persist on fiscal outlook
Two major credit-rating agencies left France’s rating unchanged late Friday, giving a reprieve to French President Emmanuel Macron as he tries to deal with the country's massive debt and deteriorating public finances. But the agencies cast doubt on the ab...
5 months ago
April US non-farm payrolls Report 2024: wage growth cools but overall growth strong
250K jobs expected to be added in April After a solid report in March, the April figures should again point to the labour market remaining tight, with a strong pace of job growth set to be coupled with cooling earnings pressures and historically low...
5 months ago
Labour’s top policy priorities
LONDON — Keir Starmer has arrived in Downing Street with his new Cabinet. So what are their first priorities?Big-ticket items include decarbonizing the electricity grid by 2030, building 1.5 million homes over five years, hitting long-missed health servic...
2 months ago
Economic Survey’s 7.9 million non-farm jobs target is easily achievable: MC Analysis
The Economic Survey's target of creating 7.9 million non-farm jobs a year until 2030 may not be that audacious, as the country created nearly 10 million jobs in non-farm sector, excluding construction, in FY23, a Moneycontrol analysis shows.Job creation i...
2 months ago
Manufacturing activity eases to 58.1 in July, experts foresee pickup capex utilisation soon
Manufacturing activity eased to 58.1 in July from 58.3 a month back, results of a private survey released on August 1 showed.The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index remained higher than the long-term average for yet ano...
2 months ago
Centre starts work on Annual Survey of Industries 2023-24
The government has begun the process of data collection for the Annual Survey of Industries 2023-24, which shall help determine the state of organised manufacturing in the country, which is also used for GDP calculations.“The Ministry of Statistics and Pr...
2 months ago
Global market rout may force central banks into early rate cuts
Traders are betting the U.S. will perform an emergency interest rate cut to support the economy amid a global stock market sell-off sparked by recession fears.The Japanese stock market dropped more than 12 percent on Monday, the biggest fall in history, a...
2 months ago
EU imposes restrictions on former climate official over his new gas role
The EU has allowed a former top Green Deal official to take up a role for a major gas network operator — although with restrictions imposed on his work there.Diederik Samsom, who was chief of staff to former EU Executive Vice President Frans Timmermans an...
2 months ago
UK wage growth slows to new 2-year low
Wages across the U.K. grew at their slowest pace in over two years in the three months through June, in the latest sign that one of the biggest local drivers of inflation is easing.Average wages including bonuses rose by 4.5 percent from a year earlier, a...
2 months ago
Govt pushes for eighth economic census amid delay in releasing results of seventh edition
The Union Ministry of Statistics and Programme Implementation has started work on the eighth economic census, which formally gets underway next year, despite the results of the seventh edition yet to be made public, sources told Moneycontrol.Quality conce...
2 months ago