unemployment rate

Stronger-Than-Expected US Jobs Report Complicates the Fed’s Path

US jobs growth was stronger than expected in September, but unemployment also rose amid workers returning to the labour market and seeking jobs. Given the Fed's recent hawkish shift and the lack of official data scheduled before the 10 December FOMC meeting, it is understandable that the market thinks the next move won't come until early 2026

Chuseok Holiday Distorts South Korea’s Labour Data as Job Market Weakens Slightly

South Korea’s jobless rate rose in October, but it remains below 3%. The Bank of Korea is expected to keep policy unchanged in November amid concerns about property risk and volatile foreign exchange markets

China and South Korea: Persistent Deflation in China and Slight Uptick in Korean Unemployment

China's deflation is expected to continue, while the government releases data on retail sales, fixed asset investment, and industrial production. South Korea will release the unemployment rate

Hungary’s Labour Market Holds Steady Amid Seasonal Boost and Rising Wage Pressures

Hungary's recent labour market data shows a seasonal improvement, resulting in a record-high employment rate. The situation for employers is growing hotter as wage expectations remain high, but the economy struggles to thrive

UK Rate Vote Split Highlights Wage Growth Concerns Ahead of CPI Data

The British pound is showing limited movement on Monday. In the European session, GBP/USD is trading at 1.3455, up 0.05% on the day.

The Bank of England is keeping a close eye on two key fronts as it charts a rate path - inflation and employment. The BoE lowered rates last week in a decision that raised a lot of eyebrows since it took an unprecedented two rounds of voting to reach the decision. The close 5-4 vote points to dissension among MPC members as how best to proceed.