The unemployment rate in the United States fell two tenths in November to 3.7%, according to the Bureau of Labor Statistics. Thus, The unemployment rate has been lower than expected by analysts.which predicted 3.9%. In addition, more jobs have been created than forecasts indicated. Specifically, in November 199,000 more non-agricultural payrolls were signed, compared to […]
Tag: working market
The US unemployment rate drops to 3.7% and 199,000 jobs are created
The US unemployment rate fell by two tenths in November to 3.7%, as published today by the Bureau of Labor Statistics (BLS). In this way, the unemployment rate has been lower than expected by analysts, who predicted 3.9%. In addition, more jobs have also been created than forecasts indicated. Specifically, in November 199,000 more non-agricultural […]
Exclusion of women costs Afghanistan US$1 billion a year, according to UN
The exclusion of women from most of the working market in Afghanistan and public space in general is costing the country US$ 1,000 million, a sum that will only increase, warned today the executive director of UN Women, Sima Bahous. Bahous was speaking at a session of the Security Council dedicated to the situation of […]
OECD: Spain needs more labor flexibility, among other reforms, to grow more
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The Spanish economy, although it is performing better than that of its European partners, is going to slow down next year and to increase its growth in the medium and long term the OECD recommends applying structural reforms, such as giving more flexibility to the working market. The chief economist of the Organization for Economic […]
Russian unemployment rate hits new all-time low amid tense job market
He unemployment Russia reached a new all-time low in June and real wages rose 10.5% year-on-year, in a new test of the stickiness of the working marketaccording to data released Wednesday. The unemployment rate fell to 3.0% of the economically active population, compared to 3.1% of the previous month. Real wage growth was lower than […]
US jobless claims fall, job market remains tight
The number of Americans who filed new claims for benefits for unemployment dropped last week, as sea conditions working market remain tense despite aggressive interest rate hikes from the Federal Reserve. The Labor Department reported Thursday that initial claims for state unemployment benefits decreased by 10,000, to a seasonally adjusted 230,000, for the week ending […]
Ukraine plans to add 4.5 million workers in the next decade
A total of 4.5 million people will have to join the working market of Ukraine in the next ten years and it is anticipated that the needs of labour grow up “exponentially” to face the reconstruction, according to estimates of the Ministry of Economy of this country. The calculation was made at a workshop convened […]
IMF asks the ECB to raise rates further despite negative effects on the labor market
He International Monetary Fund (IMF) today asked central banks to continue raising interest rates and maintain a restrictive monetary policy until underlying inflation declines, despite the negative effects it may have on the labor market. “Monetary policy should continue to tighten and remain in tight territory until core inflation is on a clear downward trend”, […]
The G7 advocates for more training and inclusion to sustain the labor market
The labor ministers of the countries of the G7 highlighted the importance of applying the lessons learned from the pandemic and bet on better access to continuous training and more inclusion in the labor market for its sustainability. At the end of their two-day meeting in Kurashikiin the west of Japanthe job holders of the […]
ILO believes that artificial intelligence will create more jobs than it destroys
The CEO of the International Labor Organization (ILO)Gilbert Houngbo, affirmed that the advance of the artificial intelligence is “unstoppable”but warned that the technology it usually creates more jobs than it destroys. ”Artificial intelligence is unstoppable. We have to accept that it will go further and further. But generally speaking, technological and digital advances often create […]