Business / Economy Mar 1, 2016

Unemployment rate fell to 3.2% in January

Japan's unemployment rate in January registered its lowest level in three months, falling to 3.2 percent from 3.3 percent the previous month and reflecting a continuation of the tight labor market, the government said Tuesday. Separate data showed the country's job availability improved to 1.28 ...

Strains show in China's factory heartland

Business Feb 29, 2016

Strains show in China's factory heartland

Millions of migrant workers streaming back to China's industrial heartland after the long lunar New Year break face an uncertain future as smaller factories in particular struggle to cope with anaemic orders and rising inventories. In the Pearl River Delta, the "world's workshop" in southern ...

Yellen signals Fed rate hike this year but mum on timing

Business / Economy Jun 18, 2015

Yellen signals Fed rate hike this year but mum on timing

The U.S. central bank indicated Wednesday it is likely to raise the ultralow interest rates later this year although its policy-setting panel gave no new words regarding exactly when it could take place. "Clearly most participants are anticipating that a rate increase this year will ...

January jobless rate stays flat at 3.7%

Business / Economy Feb 28, 2014

January jobless rate stays flat at 3.7%

The unemployment rate remained flat at 3.7 percent in January, while job availability improved for the 14th straight month as the nascent economic recovery helped boost corporate profits, government data showed Friday. The number of people out of work fell a seasonally adjusted 0.8 percent ...

Business / Economy Nov 29, 2013

October jobless rate stays flat at 4%

The unemployment rate in October was unchanged at 4.0 percent from the previous month, while job availability improved for the first time in two months with corporate profits picking up on the back of the economic recovery, government data showed Friday. The number of unemployed ...