Latest news with #Economists
CBC
5 hours ago
- Business
- CBC
Young and looking for that first job? Good luck
Economists say the labour market for young Canadians is the worst in years, with many in their teens and early 20s struggling to get that first job.
Yahoo
2 days ago
- Business
- Yahoo
Most Asian Currencies Strengthen; Middle East Tensions in Focus
Most Asian currencies strengthened against the dollar in early Asian trading, as traders keep an eye on escalating hostilities between Israel and Iran.
Wall Street Journal
3 days ago
- Business
- Wall Street Journal
Taiwan Central Bank Stays on Hold Amid Resilient Growth
Taiwan's central bank again left interest rates unchanged as the export-reliant economy remained resilient in the face of tariff headwinds. The Central Bank of the Republic of China (Taiwan) kept its benchmark discount rate at 2.000% on Thursday, marking a fifth consecutive hold. The decision was expected by all eight economists polled by The Wall Street Journal.
Washington Post
3 days ago
- Business
- Washington Post
US unemployment claims dipped to 245,000 last week, hovering at historically low levels
WASHINGTON — The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday. U.S. jobless claims ticked down from 250,000 the week before Economists had forecast 250,000. The four-week average of claims, which smooths out week-to-week volatility, rose to 245,500, the highest since August 2023.
Bloomberg
4 days ago
- Business
- Bloomberg
Noisy Data Muddles Inflation Picture Ahead of BOE Decision
UK inflation is expected to cool in figures due to be released Wednesday, but a lower number may to do little to ease uncertainty about price pressures in the British economy amid fresh questions about the official data. Economists see the rate of inflation slowing to 3.3% in May, according to the median forecast in a Bloomberg survey. Gauging the significance of such a figure will be unusually fraught after the Office for National Statistics said the April rate of 3.5% initially announced was wrong due to a data error and should've been 3.4%.
