Weekly jobless claims drop 3,000 to 183,000 Continuing claims decreased 11,000 to 1.655 million Productivity accelerated at a 3.0% rate in the fourth quarter Unit labor costs grow at a rate of 1.1% WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits fell to a nine-month low last week, as the … Read more
The reform will raise the retirement age from 62 to 64 Schools, transportation networks and refinery deliveries have been affected Macron: Reform is vital to ensure the continuity of the pension system PARIS (Reuters) – Huge crowds marched across France on Tuesday to say “no” to President Emmanuel Macron’s plan to make people work longer … Read more
The Employment Cost Index rose 1.0% in the fourth quarter wages and salaries increase by 1.0%; 5.1% increase year-on-year The Consumer Confidence Index fell to 107.1 in January House price inflation slows further in November WASHINGTON (Reuters) – U.S. labor costs rose at their slowest pace in a year in the fourth quarter as wage … Read more
Consumer spending fell 0.2% in December personal income increases by 0.2%; The savings rate rose to 3.4%. Core PCE price index rose 0.3%; 4.4% increase year on year WASHINGTON (Reuters) – U.S. consumer spending fell for the second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation … Read more
DAVOS, Switzerland (Reuters) – Two-thirds of leading public and private economists surveyed by the World Economic Forum expect a global recession in 2023, the organizer of the Davos Forum said on Monday, as business and government leaders gathered. its annual meeting. About 18% considered a global recession “highly likely” — more than double that of … Read more
