Saturday, Nov 28, 2020
International Finance

Tag : employment

Uncategorized

Africa’s youth bulge

Many analysts expect significant growth opportunities in the continent, which has the largest youth population in the world Benita James December 21, 2016: Africa’s demography is showing a visible shift and many analysts have reason to believe that the continent has the largest youth population in the world. A young population is generally considered as...
Economy

US Fed hikes interest rate

The hike is only the second since 2008  IFM Correspondent December 15, 2016: Citing an improving economy, the US Federal Reserve raised its key interest rate on December 14 for the first time in 2016 by a quarter percentage point. In a statement after a two-day meeting, the Fed said policymakers unanimously agreed to lift...
Economy

Hiring on the decline in UAE

Highest decline is in the hospitality and oil & gas industry Suparna Goswami Bhattacharya November 7, 2016: The number of job opportunities in the UAE is on the decline. The latest Monster Employment Index (MEI), a monthly gauge of vacancies posted by employers and websites in the Middle East, shows that job opportunities dropped by...
Economy

Employment grows in the US

Businesses added 175,000 jobs to the US economy in October IFM Correspondent November 4, 2016: US employers hired more workers in October and also hiked the wages of existing workers. Businesses added 175,000 jobs to the US economy in October and 156,000 jobs in September, while the unemployment rate ticked up to 5%. “The expected...
Economy

China’s service sector expands at a rapid pace

Findings of survey by financial information service provider Markit IFM Correspondent November 3, 2016: China’s services sector grew at the strongest pace in four months up to October as new business picked up, encouraging companies to hire more workers, a private survey showed. The Caixin China General Services PMI (Purchasing Managers’ Index) came in at...
Economy

US Fed monetary policy: A moving target

International Finance Desk
Interest rates unchanged following the September meeting Ken Taubes September 26, 2016: As expected, the Federal Reserve Board left interest rates unchanged following the September meeting of the Federal Open Market Committee (FOMC). In its statement following the meeting, the FOMC said, “The Committee judges that the case for an increase in the federal funds...