Job-seekers interact with potential employers at a City of Boston Neighbourhood Career Fair in Boston, Massachusetts. Reuters
US job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labour market,
US retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the latest indication that economic growth picked up in the first quarter after a false start.
Activity is contracting in the US manufacturing sector but the number of Americans filing applications for unemployment benefits fell last week, signs that factories are suffering from a global slowdown even as the broader labour market remains healthy.
US employers maintained a robust pace of hiring in February, giving the economy a strong boost as it confronts the coronavirus outbreak that has stoked financial market fears of a recession and prompted an emergency interest rate cut from the Federal Reserve.
The non-oil exports and re-exports of Abu Dhabi touched Dhs32.8 billion mark between a period from June to August 2020, showing an upward trend by 62.5 per cent compared to Dhs20.2 billion recorded between March and May this year,
Pakistan has urged the China and ASEAN countries to benefit from the opportunities being offered in Special Economic Zones (SEZs) in the country. Pakistan’s Ambassador to China Moin-ul-Haque while speaking at the Trade and Investment
Breakbulk Middle East, the GCC’s leading breakbulk and project cargo event, has continually played an active role in increasing the participation of women in key areas in the industry.