BEIJING (Reuters) - China said on Friday that urban employment held up in the first quarter even as economic growth slowed to a 6-year low, but the labor ministry warned that authorities cannot be "blindly optimistic" as the pace of job creation is slowing.
instance, stocks slumped as the market treated good news bad news. The Standard & Poor’s 500 index fell 3.4%. Good job growth numbers brought not cheer, but worry that the Federal Reserve might increase interest rates sooner rather than later. It
BEIJING, April 21 (Reuters) - China's cabinet has pledged to implement more proactive employment policies to cope with rising pressures on job creation , state television said on Tuesday.
It shrunk its state sector, and privately owned firms now account for more than 80% of employment and almost all new job creation . Almost all prices are set by the market. Investment growth is slowing and consumption is now the engine of economic expansion
Today, under the Fed’s optimal control framework, policy will continue to be data dependent and guided by the path of job creation and inflation expectations. While lower inflation expectations could keep the Fed on hold, we believe the rapidly
Figure 2 shows, most of the drop in the unemployment rate can be attributed to people leaving the workforce rather than job creation . A huge “shadow inventory” of unemployed workers hangs over the labor market, unrecognized in the official numbers
7%, the civilian labor force participation rate is somewhat concerning as it sits near its 37-year low. And new- job creation was disappointing in March. But for all of 2015, new jobs are expected to total more than three million, roughly the same
sounded a note of caution about moving forward quickly. Indeed, there is no urgent need to tighten monetary policy. U.S. job growth has picked up and American inflation remains low (falling oil prices are helping). However, growth overseas is
300,000 jobs added in November looked downright out of place. Job growth accelerated in a period when economic growth was slowing. Now with the much slower reported job growth in March and the substantial revisions to prior months, the employment
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits rose less than expected last week and the four-week moving average of claims hit its lowest level since 2000, suggesting an abrupt slowdown in job growth in March was likely a fluke.