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Tag: jobless

US Weekly Jobless Claims Hit August Highs, Boosting Chance for Fed Rate Hike Pivot

WASHINGTON (Sputnik) – US jobless claims hit their highest levels since August last week, from near historically low levels of unemployment in the week prior, according to Labor Department data on Wednesday that appeared to bolster the chance of the Federal Reserve tapering its rate hikes to cool inflation. The post US Weekly Jobless Claims Hit August Highs, Boosting Chance for Fed Rate Hike Pivot…

China’s jobless turn to car boot sales as Covid-hit economy stalls

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Once considered low-status for many, car boot sales have made a comeback in China as people who lost their jobs or closed down their businesses seek new ways to make a living and work around the country’s strict Covid-19 policies. What was once looked down on in Beijing is now one of the most popular activities…

Record 2.1 million Chinese sit civil service exam as economy slows, youth jobless rate climbs

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube More than 2.12 million people registered for China’s annual civil service examination that were held on November 28, 2021. The record number of applicants are competing for only 31,200 vacancies, giving them just a one-in-68 chance of success landing one of the government jobs. Also known as the guokao in Mandarin, the test is a pathway…

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