Business News Asia
Initial jobless claims in the United States fell last week, according to a report from the Labor Department. The number of claims dropped 6,000 to a seasonally adjusted 186,000, surprising analysts who had expected an increase to 205,000. This is…
The Labor Department reported that initial jobless claims fell 15,000 to a seasonally adjusted 190,000 last week, while analysts expected an increase to 214,000. This marks a significant improvement in the labor market, with the number of applicants for unemployment…
According to a report from the Australian Bureau of Statistics (ABS), employment numbers in Australia fell unexpectedly in December, following a sharp increase in November. This is a sign that the once-hot labor market may be slowing down, despite the…
The Labor Department reported that initial jobless claims fell by 1,000 last week to a seasonally adjusted 205,000. This is below analysts’ expectations of 215,000. At the same time, the U.S. Labor Department reported that the number of Americans continuing…
According to the Department of Statistics Malaysia (DOSM), unemployment in Malaysia declined steadily to 600,900 in November 2022, bringing the unemployment rate down to 3.6%. The DOSM said that the labor market became stronger in November in line with the…
Japan’s Ministry of Internal Affairs and Communications reported Monday that Japan’s unemployment rate fell to 2.5% in November from 2.6% in October, the latest high. For the first time in three months, the Japanese labor market is showing signs of…
According to the Australian Bureau of Statistics (ABS), the Australian economy grew more strongly than expected in November. Due to rising wages, the labor force participation rate is at a record high. And rising demand in the labor market is…
Government data released Wednesday showed South Korea’s unemployment rate rose in November. The country’s seasonally adjusted unemployment rate was 2.9% in November, down from 2.8% in October and a record low of 2.5% in August. In the 12 months through…
The Office for National Statistics (ONS) said Monday that the unemployment rate rose 3.7% nationally in the August-October quarter of 2022, while base wages rose to a record high. The Bank of England (BoE) is closely monitoring wage increases. At…
According to the Labor Department, initial jobless claims rose by 4,000 last week to a seasonally adjusted 230,000, in line with analysts’ forecasts. The 4-week average of the number of Americans filing for unemployment benefits for the first time is…
