The Magazine for Asian Investors
The Labor Department reported that initial jobless claims fell by 16,000 last week to 193,000, the lowest level since April. Initial jobless claims are well below 215,000, the weekly average before the COVID-19 pandemic in the United States. Meanwhile, the…
Initial jobless claims rose 5,000 to 213,000 last week, according to the Labor Department. However, it was below analysts’ estimates of 218,000. Jobless claims are below 215,000, the weekly average for the pre-COVID-19 pandemic period in the United States. Meanwhile,…
The unemployment rate in South Korea fell to a record low in August, while the number of employers rose for the 18th consecutive month. The seasonally adjusted national unemployment rate fell to 2.5% in August from 2.9% in July. This…
According to the Bureau of Labor Statistics, initial jobless claims fell by 5,000 last week to 213,000. This marked the fifth consecutive week of declines in initial claims, reaching a 3-month low, while analysts had expected an increase to 226,000.…
According to the Australian Bureau of Statistics (ABS), the unemployment rate rose to 3.5% in August (July: 3.4%), the lowest level in 48 years. The unemployment rate increased in August as 33,500 new jobs were created, while the labor force…
The Office for National Statistics (ONS) reported that the unemployment rate fell in May-July to its lowest level since 1974, while wages increased. This is a sign that the UK labor market remains tight. However, demand for labor has eased…
The U.S. Bureau of Labor Statistics reported that initial jobless claims fell by 6,000 last week to 222,000. That was the lowest level in three months and below the 240,000 that analysts had expected. Jobless claims are above 215,000, the…
The Philippine Statistics Authority (PSA) reported that the unemployment rate in the Philippines fell to 5.2% in July, with about 2.6 million Filipinos unemployed. The director of the PSA said online that the unemployment rate in July reached the lowest…
The unemployment rate in Germany rose in August as more Ukrainian refugees arrived in Germany following the Russian invasion of Ukraine forcing many people to migrate. In Germany, the number of unemployed rose by 28,000 in August, resulting in an…
Government data released today show that the unemployment rate in Japan was unchanged at 2.6% in July. The number of job vacancies rose for the seventh month in a row, reaching its highest level in two years. Economists’ opinion polls…
