China survey-based jobless rate around 5pc end-JulyChina's survey-based unemployment rate was around 5 per cent at the end of July, the statistics bureau said on Friday. Sheng Laiyun, a spokesman at the National Bureau of Statistics, told reporters the unemployment rate in the More… |
US jobless claims at 5-month high; import prices fallThe number of Americans filing for unemployment benefits rose to a five-month high last week, but likely does not signal a deterioration in the labor market as the underlying trend remained consistent with tightening conditions. O More… |
US jobless rate drops to 7-year lowUS job growth rebounded last month and the unemployment rate dropped to a near seven-year low of 5.4 per cent, signs of a pick-up in economic momentum that could keep the Federal Reserve on track to hike interest rates this year. More… |
35pc Lebanese youth jobless, says reportA staggering 35 per cent of Lebanon’s youth are currently unemployed, said a report citing the country's industry minister. The rising unemployment among Lebanese youths confirms the World Bank’s concern that the r More… |
Saudi jobless rate hits 11.3pc in 2013Saudi Arabia has recorded the national unemployment rate at 11.7 per cent for 2013, with 6.1 and 33.2 per cent for males and females respectively, a report said. Licenses were issued to 338 recruitment offices to hire Saudi nation More… |
83pc of Bahrain's jobless are womenBahraini women make up around 83 per cent of the country's unemployed, according to new statistics presented by the labour minister. Labour Minister Jameel Humaidan yesterday admitted employing women had been a challenge, desp More… |
FDI in Tunisia falls 1.3pc in H1Foreign direct investment in Tunisia fell by 1.3 percent in the first half of 2013, official data showed on Saturday, a likely reflection of political strife in the north African state. Foreign investments fell More… |
Jobless youths could be drag on recoveryThe global economy is recovering - although the younger you are and the longer you've been out of work, the less likely it is that you'll have noticed. A modest upturn in the major devel More… |
US jobless claims at four-month highThe number of Americans filing new claims for unemployment benefits hit a four-month high last week, suggesting the labor market recovery lost some steam in March. Initial claims for state More… |
Global economy: Rays of hope pierce thick cloudsGlobal economic news is improving here and there, but a batch of data due this week is unlikely to shake financial markets' conviction that major central banks are not about to take away the punch bowl. More… |