Man shows the increase in grocery prices since 2019
His total cost of groceries went up 36 per cent in just four years
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His total cost of groceries went up 36 per cent in just four years
The US economy generated fewer jobs than expected October, raising bond and stock prices in a sign that the labour market is cooling under the pressure of high interest rates.Official figures showed an 150,000 increase in payrolls in the world’s largest economy, below economists expectations of 180,
The US labour market continues to defy the economic downturn, though unemployment rolls rose to a six-month high.
US employment costs unexpectedly accelerated in the third quarter, heightening concerns that a strong labour market risks keeping inflation above the Federal Reserve’s target. Read more at straitstimes.com.
AUTHENTIC labour statistics are very difficult to come by in Malaysia. Our R&D is only in the infant stage and as such, not much information on future job markets is available.