China’s urban unemployment rate falls in May ’25
China’s urban surveyed unemployment rate declined to 5.0 per cent in May, down 0.1 percentage points from the…
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labour market
Egypt’s Labour Ministry offers 600 free training grants for youth
Egypt’s Ministry of Labour announced 600 free training grants for graduates at the Egyptian Drilling Company (EDC)…
Sterling hits 6-week low against euro as rate cut bets mount
The British pound strengthened against the US dollar on Thursday but slumped to a six-week low against the euro, as…
Egypt’s economy to grow by 3.8% in FY 2024/25 – World Bank
Egypt’s economy is expected to grow by 3.8 per cent in fiscal year 2024/25, up from an estimated 2.4 per cent in…
UK jobless rate edges up in Q1 ’25 – data
The UK jobless rate for individuals aged 16 and over was calculated at 4.6 per cent in the period from February to…
French services contract for 9th month in May ’25
France’s service sector contracted for the ninth consecutive month in May, though at the slowest pace so far this…
Eurozone growth slows in May ’25, services contract
The eurozone economy grew for a fifth straight month in May, but the pace of expansion slowed, as services activity…
BoE’s Bailey: Rate cuts ‘gradual, careful’ amid trade uncertainty
Bank of England Governor Andrew Bailey told lawmakers on Tuesday that interest rate cuts in the UK will remain…
Spanish unemployment hits 17-year low in May
Spain’s registered unemployment fell below 2.5 million in May for the first time since July 2008, Reuters reported…
BoE’s Breeden: Disinflation continues, growth remains weak
Bank of England Deputy Governor Sarah Breeden said that Britain’s labour market is weakening and economic growth…