employment trends News

Eurozone's Economy Shows Resilience with a 0.3% GDP Growth in Q1 Amid Global Challenges

The Eurozone's GDP grew by 0.3% in Q1, with the EU matching this growth. Annual expansions were 1.2% for the Eurozone and 1.4% for the EU, with Ireland leading at 10.9%. Employment...

South Korea's Job Market Faces Polarization as Manufacturing Jobs Plummet to Six-Year Low

South Korea added 194,000 jobs in April 2025, marking four months of growth. However, manufacturing and construction sectors faced significant losses, and youth employment issues p...

Canada's Unemployment Rate Rises to 6.9% in April: A Closer Look at the Shifting Job Market

Canada's unemployment rate increased to 6.9% in April, with employment rates slightly declining. Sector-specific changes were observed, alongside growth in hours worked and wages.

Eurozone Manufacturing PMI Hits 32-Month High in April, Signaling Economic Resilience

The Eurozone Manufacturing PMI rose to 49 in April, a 32-month high, with Greece and Ireland leading in performance. Despite employment contraction, the output index hit a 37-month...

Surprising Growth: US Private Sector Adds 62K Jobs in April Amid Economic Uncertainty

The US private sector added 62,000 jobs in September, below analysts' expectations, amid economic uncertainty. Medium companies led the growth, while the service sector saw signifi...

UK Construction Sector Shows Signs of Recovery in March Amid Continued Challenges

The UK construction sector saw a slight recovery in March with the PMI increasing to 46.4, despite civil engineering experiencing its fastest contraction since October 2020. Rising...

Optimism in the Air: Private Investments and Job Growth to Propel Indian Economy Forward

A CII survey reveals optimism for India's economy, with significant private investments and job growth expected. Despite global challenges, firms plan to increase investments and e...

India Shines as a Beacon for Private Investments Amid Global Challenges: CII Survey Insights

A CII survey highlights India's conducive economic environment for private investments, with promising employment and investment trends. Early results show 97% of firms likely to i...

Slight Uplift in US Economic Activity: Insights from the Latest Fed's Beige Book

The latest Federal Reserve Beige Book reports a slight to moderate increase in US economic activity, with mixed employment trends across Districts and cautious manufacturing sector...

December Marks a Turning Point: Employment Sees First Decline in Nearly Four Years

December saw a decline in employment for the first time in nearly four years, with a decrease of 52,000 employed individuals compared to the previous year. Despite this, the employ...

U.S. Job Market Shows Strength: Initial Jobless Claims Drop to 201,000

The U.S. job market shows signs of strength with initial jobless claims dropping to 201,000, below expectations. The 4-week moving average also decreased, indicating a positive tre...