Trends - unemployment rate - Business Recorder

unemployment rate

Panel informed: Unemployment rate stands at 6.3pc

ISLAMABAD: A parliamentary panel was informed on Thursday that the unemployment rate in the country stands at 6.3...

Published 15 Nov, 2024 06:20am

Opinion

Leveraging private sector to empower Pakistan’s youth

Over the past couple weeks, I had the privilege of visiting some of Pakistan’s leading universities, digital ...

Published 03 Sep, 2024 07:10am

World

Italy May unemployment rate stable at 6.8%, but 17,000 jobs lost in month

ROME: Italy’s unemployment rate was stable at 6.8% in May, national statistics bureau ISTAT reported on Tuesday,...

Published 02 Jul, 2024 02:52pm

Editorials

Trends in unemployment

EDITORIAL: One of the most ignored contributors to the unemployment rate – which stands at 6.3 percent, according...

Updated 22 Jun, 2024 07:28am

Business & Finance

Unemployment rate stands at 6.3pc

ISLAMABAD: With 4.51 million unemployed population, the rate of unemployment in Pakistan stands at 6.3 percent, the...

Published 12 Jun, 2024 06:51am

Business & Finance

Dollar drops after US job data

NEW YORK: The dollar fell to a three-week low against the yen on Friday after data showed that US jobs growth slowed...

Published 04 May, 2024 05:48am

Business & Finance

Fed still sees three rate cuts in 2024 amid sticky inflation, stronger economy

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, but policymakers indicated they still...

Published 20 Mar, 2024 11:13pm

Markets

Europe’s STOXX 600 logs weekly gains

PARIS: Europe’s main stock indices were flat on Friday, but notched strong gains over the week that saw record...

Published 09 Mar, 2024 04:59am

World

Global unemployment seen rising modestly in 2024: UN labour body

GENEVA: The global unemployment rate is expected to inch up to 5.2% this year primarily because of a rise in...

Published 10 Jan, 2024 05:33pm

Opinion

Outlook 2024-I

Global perspective has recently changed as economies have shown to be more resilient than experts had anticipated....

Published 02 Jan, 2024 05:21am

Opinion

The giant ship of China’s economy will continue to cleave the waves

Since the beginning of this year, the China’s economy has been moving forward, overcoming obstacles and showing a...

Published 20 Dec, 2023 06:22pm

Pakistan

‘Green jobs for women, youth are need of the hour’

LAHORE: “Currently, 64 percent of Pakistan population is younger than 30 years of age. The country now has more...

Published 12 Aug, 2023 06:26am

Opinion

The youth bulge

The high rate of population growth of Pakistan, among the highest in the world, has led to the emergence of a large...

Updated 04 Jul, 2023 05:50am

Unemployment rate fell to 6.3pc in FY21

ISLAMABAD: Pakistan’s unemployment rate fell to 6.3 percent in 2020-2021 from 6.9 per cent in 2018-2019, according...

Updated 09 Jun, 2023 08:59am

World

Slower US job growth expected in April; unemployment rate seen rising to 3.6%

WASHINGTON: US employers likely hired the fewest workers in nearly 2-1/2 years in April as the cumulative and...

Published 05 May, 2023 09:32am

World Bank estimates fall in GDP per capita income to $1,399

Says poverty will inevitably increase with pressures from weak labour markets and high inflation

Updated 15 Apr, 2023 08:33pm

Opinion

Big rise in poverty, unemployment

The current combination of various negative factors is likely to lead to a big exponential jump in the number of...

Updated 04 Feb, 2023 07:11am

Business & Finance

Fed delivers another big rate hike; Powell vows to 'keep at it'

WASHINGTON: Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would "keep...

Updated 22 Sep, 2022 04:46am

Markets

Copper bounces after US jobs data

LONDON: Copper prices rebounded from their lowest in more than a month on Friday after US jobs data spurred optimism...

Published 04 Sep, 2022 05:44am

World

Spain jobless rate down on recovery in tourism sector

MADRID: Spain’s unemployment rate fell in the second quarter of 2022, data showed on Thursday, helped by a recovery...

Published 28 Jul, 2022 06:27pm

Pakistan

Khurram Dastgir confident inflation will slow down from September

Says rupee will stabilise after friendly countries disburse financial aid
Stresses that Pakistan has enough reserves to cover 2 months for diesel, and 34 days for petrol

Updated 21 Jul, 2022 05:02pm

Editorials

Joblessness: Is the crisis for real?

EDITORIAL: The economic activities are slowing down. Both monetary and fiscal policies are working by design under...

Published 21 Jul, 2022 05:40am

World

US job growth likely slowed in June; unemployment rate seen at 3.6%

WASHINGTON: US employers likely hired the fewest workers in 14 months in June, but the jobless rate probably...

Published 08 Jul, 2022 10:54am

World

US job growth beats expectations; unemployment rate steady at 3.6%

WASHINGTON: US employment increased more than expected in May, while the unemployment rate held steady at 3.6%,...

Published 03 Jun, 2022 05:46pm

Editorials

The need for across the board sacrifice

EDITORIAL: There is overwhelming evidence that in spite of a high growth rate in the current year other ...

Published 02 Jun, 2022 06:19am

Markets

Wall Street tumbles again as strong jobs growth fuels rate hike fears

NEW YORK: US stock indexes extended losses for a second day on Friday as elevated US Treasury yields dragged growth...

Published 07 May, 2022 05:46am

Markets

Wall St tumbles again as strong jobs growth fuels rate hike fears

U.S. stock indexes extended losses for a second day on Friday as elevated U.S. Treasury yields dragged growth shares...

Published 06 May, 2022 08:30pm

World

US labor market rapidly tightening; unemployment rate drops to 3.6%

WASHINGTON: US job growth continued at a brisk clip in March, with the unemployment rate falling to a new two-year...

Published 01 Apr, 2022 07:06pm

World

South Africa’s jobless rate hits new high

JOHANNESBURG: The unemployment rate in South Africa soared to its highest level on record in the final quarter of...

Published 29 Mar, 2022 05:20pm

Fed hikes rates, signals aggressive turn against inflation

WASHINGTON: The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and projected...

Published 16 Mar, 2022 11:14pm

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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