Page 2 - Labour Statistics News Today

Employment Cost Index up 1.2pc, year-on-year increase is 4.2pc

Construction companies are still refusing to hire women, despite an ongoing staffing crisis and demand for new recruits in the front-line manual sector.

Pound Sterling (GBP) traded mostly flat against the Australian Dollar (AUD) on Thursday despite some better-than-expected Australian data.

The forex markets are rather subdued in today's Asian session, with major currency pairs and crosses largely trading within yesterday's ranges. Australian Dollar strengthened slightly, ignoring significantly weaker-than-anticipated job data. Instead, it's lifted by rebound in Asian stock markets and stabilizing risk sentiment. However, the momentum behind Aussie's rebound appears weak and limited, suggesting it may be merely in consolidation before another selloff.

The forex markets are still generally staying in consolidative mode today, showing minimal reaction to the latest economic data and comments from central bank officials. Commodity currencies, along with Swiss Franc, are displaying relative strength. Meanwhile, Euro, Dollar, and Yen are on the weaker side.

Caitlin Clark is set to earn $76,535 in her rookie season in the WNBA and will make just under $340,000 across her four-year contract.

Underlying inflation grew to 3.5 per cent in March, boosted by higher energy prices

US non-farm payroll employment rose by 303,000 in March, higher than the average monthly gain of 231,000 over the previous 12 months. Unemployment rate changed little at...

Kevin Hassett is a frontrunner to become Federal Reserve chairman if Donald Trump is elected. He says inflation remains sticky and isn’t being measured properly.

The US dollar performed phenomenally in Q1 - something that is likely to continue but perhaps to a lesser degree now that growth is moderating and rate cuts come into focus