US labour market resilient as another ‘hawkish’ Fed rate pause looks nailed on November 1, 2023 The US labour market remains resilient despite the US Federal Reserve’s aggressive bout of monetary tightening, new figures out today suggest. According to the Bureau of Labor Statistics’ JOLTS survey, there were 9.6m job openings on the last day in September – little changed from the month before and ahead of the market consensus of [...]
Gender pay gap barely budges in past year while wage growth reaches record annual levels November 1, 2023 The gender pay gap for full-time workers has barely changed over the past year, new figures suggest.
UK manufacturing mired in deepest downturn since 2008 financial crisis November 1, 2023 The UK's manufacturing sector is engulfed in the deepest downturn since the 2008 financial crisis as market uncertainty depresses activity, a closely watched survey suggests.
Five charts the Bank of England will study ahead of Thursday’s interest rate decision November 1, 2023 Although inflation is slowly coming down, warning lights are flashing across much of the UK economy.
Here are the six spookiest charts in global finance right now October 31, 2023 With soaring inflation and the risk of a recession looming, 2023 has spooked everyone. M&G has compiled the scariest charts in global finance right now.
ECB’s rate hikes bring down inflation, but growth falls as bloc faces recession October 31, 2023 The European Central Bank's (ECB) interest rates hikes have helped to bring down inflation across the bloc, but the costs are becoming clear as growth contracted in the third quarter.
Shanghai Surprise: Chinese manufacturing slips in worrying sign for world economy October 31, 2023 Lower than expected manufacturing numbers have spooked Asian markets this morning as China provides warning on state of global economy
London business confidence improves heading into Christmas October 31, 2023 London firms are growing increasingly confident heading into the Christmas period as inflation falls and firms have more certainty over the future of rate hikes.
Is London rebounding better than New York? That’s what the numbers say. October 30, 2023 New York is trailing behind London across various key economic indicators, including employment and commercial real estate performance.
Germany one of the EU’s ‘growth laggards’ as economy shrinks slightly in third quarter October 30, 2023 Germany's economy shrank slightly in the third quarter, data showed on Monday, as Europe's largest economy continues to be weighed down by weak purchasing power and higher interest rates.