Trends - labor market - Business Recorder

labor market

S&P 500, Nasdaq up after jobs data

NEW YORK: The S&P 500 and the Nasdaq rose slightly on Friday, with small-cap stocks outperforming the three main...

Published 05 Oct, 2024 06:43am

Markets

Wall St creeps higher after Fed policymakers back rate cuts

NEW YORK: Wall Street’s main indexes trended higher in choppy trading on Monday as investors focused on comments...

Published 24 Sep, 2024 03:28am

BR Research

World cotton demand: recession beckons

The verdict is in. After the great tumble of equities across the global earlier this week, commentators and pundits...

Published 08 Aug, 2024 07:33am

Business & Finance

US economy continues to shine with help from consumers, labor market

WASHINGTON: The US economy grew faster than previously estimated in the fourth quarter, boosted by strong consumer...

Published 01 Apr, 2024 05:34am

World

US private payrolls miss expectations in November

WASHINGTON: U.S. private payrolls increased less than expected in November as the labor market gradually cools....

Published 06 Dec, 2023 06:29pm

World

US weekly jobless claims fall; labor market still slowing

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell more than expected last week,...

Published 22 Nov, 2023 06:48pm

Business & Finance

US consumer confidence rebounds; job openings near record high

WASHINGTON: US consumer confidence rebounded from a one-year low in March amid growing labor market optimism, but...

Published 30 Mar, 2022 06:08am

World

Removing Fed stimulus won't undermine labor market: Powell

WASHINGTON: Raising interest rates and otherwise removing the extraordinary stimulus the Federal Reserve provided to...

Published 11 Jan, 2022 09:49pm

Business & Finance

Dollar weakens after ADP miss, euro hits fresh one-month high

NEW YORK: The dollar fell against a basket of major currencies on Wednesday after a report on the U.S. labor market...

Published 02 Sep, 2021 04:21am

World

US private firms add just 374,000 jobs in August: ADP

WASHINGTON: Private American companies hired just 374,000 more workers in August, according to payroll services firm...

Published 01 Sep, 2021 08:08pm

US employment growth through March revised modestly lower

WASHINGTON: The US economy likely created 166,000 fewer jobs in the 12 months through March than previously...

Published 19 Aug, 2021 03:56am

World

US weekly jobless claims fall as expected

Initial claims for state unemployment benefits fell 26,000 to a seasonally adjusted 360,000 for the week ended July 10, the Labor Department said.
Claims have declined from a record 6.149 million in early April 2020.

Published 15 Jul, 2021 05:52pm

Markets

Dollar lifted by strong US data

US jobless claims, private payrolls better than expected.
Russia to remove US dollar assets from National Wealth Fund.

Published 03 Jun, 2021 08:51pm

Markets

Wall Street shrugs off inflation jump to move higher

The Dow Jones Industrial Average rose 120.79 points, or 0.35pc, to 34,585.43, the S&P 500 gained 13.23 points, or 0.31pc, at 4,214.11 and the Nasdaq Composite added 61.48 points, or 0.45pc, at 13,797.76.

Published 29 May, 2021 12:46am

Markets

US stocks end three-day slide, Nasdaq +1.8pc

The broad-based S&P 500 won 1.1 percent to 4,159.13, while the tech-rich Nasdaq Composite Index jumped 1.8 percent to 13,535.09.

Updated 21 May, 2021 09:44am

Markets

Dollar at two-week low after U.S. weekly jobless claims rise unexpectedly

The U.S. currency - which appreciated this year, helped in part by a rally in U.S. Treasury yields - has come under pressure in recent sessions as yields have retreated.

Updated 09 Apr, 2021 09:19am

Business & Finance

U.S. job openings jump to two-year high in February

The second straight monthly rise in vacancies lifted the jobs openings rate to a record 4.9pc from 4.7pc in January.

Updated 07 Apr, 2021 09:51am

World

US private payrolls post biggest gain in six months; housing market cooling

WASHINGTON: US private employers hired the most workers in six months in March as more Americans got vaccinated...

Updated 01 Apr, 2021 09:09am

Markets

S&P 500 nears 4,000 points for the first time, Biden's spending plan on deck

The $3 trillion-$4 trillion infrastructure package will target traditional projects like roads and bridges alongside investments in the electric vehicle market.

Updated 01 Apr, 2021 12:01am

World

US weekly jobless claims hit one-year low; fourth-quarter GDP revised up

Weekly jobless claims drop 97,000 to 684,000.
Continuing claims fall 264,000 to 3.870 million.
Fourth-quarter GDP growth revised up to 4.3%.

Published 25 Mar, 2021 08:07pm

World

US weekly jobless claims increase; mid-Atlantic factory activity near 50-year high

Weekly jobless claims increase 45,000 to 770,000.
Continuing claims drop 18,000 to 4.124 million.
Mid-Atlantic factory activity surges in March.

Published 18 Mar, 2021 09:35pm

Business & Finance

US private payrolls miss expectations; cost pressures rising for businesses

WASHINGTON: US private payrolls increased less than expected in February amid job losses in manufacturing and...

Updated 04 Mar, 2021 09:33am

World

US weekly jobless claims grind lower as labor market stabilizes

Weekly jobless claims fall 33,000 to 779,000.
Continued claims drop 193,000 to 4.592 million.
Productivity drops at 4.8% rate in fourth quarter.

Published 04 Feb, 2021 09:08pm

Pakistan

PTI mulling “Naya Mazdoor” program to mobilize Pakistan’s labor force

The PTI Government is reviewing an ‘Employment Generation and Empowerment’ framework comprising of the “Naya...

Published 29 Dec, 2020 11:39am

Business & Finance

Fed will be tested in 2021 as vaccines boost US economic outlook

If markets push up long-run interest rates a bit to reflect expectations for future faster growth, the Fed likely wouldn't change course.

Published 15 Dec, 2020 11:49am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	156.50
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
India Sensex / Jan 22	76,404.99
Tokyo Nikkei / Jan 22	39,871.68
Nasdaq / Jan 22	20,009.34
Hang Seng / Jan 22	19,872.38
FTSE 100 / Jan 22	8,545.13
Dow Jones / Jan 22	44,156.73
Germany DAX 30 / Jan 22	21,254.27

Item	Value
Crude Oil USD/Barrel / Jan 22	75.20
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Gold Spot USD/Ounce / Jan 22	2,751.09
Cotton US¢/pound / Jan 22	66.97
Petrol/Litre / Jan 23	256.13

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Jan 23 The Pakistan General Insurance Co. Ltd.(PKGI)	8.85 ▲ 0.96 (12.17%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Crescent Cotton / Jan 23 Crescent Cotton Mills Limited(CCM)	59.89 ▲ 5.44 (9.99%)
Power Cem(Pref) / Jan 23 Power Cement (Pref)(POWERPS)	13.22 ▲ 1.20 (9.98%)
Masood Textile / Jan 23 Masood Textile Mills Limited(MSOT)	58 ▲ 5.20 (9.85%)
Sindh Abadgar / Jan 23 Sindh Abadgar's Sugar Mills Limited(SASML)	45 ▲ 4.00 (9.76%)
AL-Noor Sugar / Jan 23 Al-Noor Sugar Mills Limited(ALNRS)	78.98 ▲ 6.91 (9.59%)
TPL Life Insur. / Jan 23 TPL Life Insurance Limited(TPLL)	55.75 ▲ 4.75 (9.31%)
I.C.C. Ind. / Jan 23 ICC Industries Limited(ICCI)	12.50 ▲ 1.00 (8.70%)

Stock	Price
Universal Ins. / Jan 23 The Universal Insurance Company Limited(UVIC)	8.85 ▼ -0.98 (-9.97%)
Shadman Cotton / Jan 23 Shadman Cotton Mills Limited(SHCM)	31.28 ▼ -3.46 (-9.96%)
Fateh Sports / Jan 23 Fateh Sports Wear Limited(FSWL)	71.25 ▼ -7.32 (-9.32%)
Fazal Cloth / Jan 23 Fazal Cloth Mills Limited(FZCM)	151.02 ▼ -15.11 (-9.10%)
Punjab Oil / Jan 23 Punjab Oil Mills Limited(POML)	144 ▼ -13.65 (-8.66%)
Kohinoor Mills / Jan 23 Kohinoor Mills Limited(KML)	32.05 ▼ -2.90 (-8.30%)
Unilever Foods / Jan 23 Unilever Pakistan Foods Limited(UPFL)	20,204 ▼ -1696.00 (-7.74%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	11.20 ▼ -0.93 (-7.67%)
EFU General / Jan 23 EFU General Insurance Limited(EFUG)	109.11 ▼ -6.89 (-5.94%)

Stock	Volume
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.01
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	96,976,679 ▼ -0.04
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 1.73
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▲ 0.11
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	21,831,273 ▲ 0.90
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	20,405,719 ▲ 4.94
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	18,649,899 ▼ -0.03
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.56
Power Cement / Jan 23 Power Cement Limited(POWER)	16,191,532 ▲ 0.41

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