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 / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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