November 12, 20240 Comments

Unemployment rises as pay growth slows again

The UK’s unemployment rate has risen, official figures suggest, while pay growth continues to slow. The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter. However, the Office for National Statistics (ONS) urged caution over giving too much weight to its latest jobs figures due to issues with how it gathers the data. While wage growth has eased, pay is still

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November 8, 20240 Comments

Canada’s unemployment rate holds steady at 6.5%

Article content Canada’s unemployment rate remained unchanged for the month of October at 6.5 per cent, with the economy adding 15,000 jobs, Statistics Canada said on Friday. The job gains were about half the consensus expectation of 27,000 new positions. Unemployment was up 0.8 per cent compared to the same time last year, with 193,000 more people looking for jobs or on temporary layoff. Article content The participation rate declined

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