US job growth far below expectations
Nonfarm payrolls increased by only 266,000 jobs last month after rising by 770,000 in March, says Labor Department
Updated 34 min 25 sec ago
Reuters
May 08, 2021 02:47
WASHINGTON: US employers hired far fewer workers than expected in April, likely frustrated by labor shortages, leaving them scrambling to met booming demand as the economy reopens amid rapidly improving public health and massive financial help from the government.
Nonfarm payrolls increased by only 266,000 jobs last month after rising by 770,000 in March, the Labor Department said in its closely watched employment report on Friday.
Economists polled by Reuters had forecast payrolls advancing by 978,000 jobs.
(b) Determined on May 6, 2021 at 10:00 a.m., New York City time. (c) MTO Total Consideration is based on the fixed spread of the Maximum Tender Offer Notes to the bid-side yield of the Reference U.S. Treasury Security as of 10:00 a.m., New York City time, on May 6, 2021. The MTO Total Consideration includes an Early Tender Payment equal to the amount set forth under Early Tender Payment . The Maximum Tender Offer will expire at 5:00 p.m. (New York City Time) on May 20, 2021 (such time and date, as the same may be extended, the Maximum Tender Expiration Date ). Maximum Tender Offer Notes tendered may be withdrawn at any time at or prior to 5:00 p.m. (New York City Time) on May 6, 2021 but not thereafter.
Abu Dhabi National Energy Co PJSC Announces Result of Tender Offer
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Abu Dhabi National Energy Company PJSC announces the pricing of its cash tender offer for its 3.625% Notes due January 2023
ABU DHABI, UAE / ACCESSWIRE / May 6, 2021 / Abu Dhabi National Energy Company PJSC (the Company ) announces the pricing of its previously announced offer to purchase for cash (the Maximum Tender Offer ) up to U.S.$250,000,000 (the Maximum Tender Amount ) of its outstanding 3.625% Notes due January 2023 (the Maximum Tender Offer Notes ), upon the
Tuesday, 4 May, 2021 - 06:00
A night view of Riyadh, Saudi Arabia. (Reuters file photo) Riyadh - Asharq Al-Awsat
The International Monetary Fund (IMF) projected Saudi Arabia’s real GDP growth at 2.1 percent this year, noting that the real non-oil GDP growth recovery is expected to reach 3.9 percent in 2021.
Real oil GDP growth is projected to reach -0.5% in 2021, according to the OPEC+ agreement output levels.
Further, the IMF forecast the Saudi deficit to decline to 4.2 percent of the GDP this year.
The statement underscored the positive results of the Saudi economic reforms, projected continuation in the economic recovery, an expected decline in the unemployment rate and inflation.
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