South Africa’s Unemployment Rate Rises to 33.7% as Job Seekers Outpace Hiring
The third-quarter jobless rate increased even as employment grew, underscoring the difference between adding jobs and absorbing a growing labour force.
6 min read ↗
Labour Market
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Japan’s Real Wages Rise for Ninth Straight Month, but a Bonus Distortion Clouds the Headline
Japan’s preliminary September payroll data show a ninth month of real wage growth and stronger base pay. A statistical distortion in special payments complicates the nominal headline.
6 min read ↗
The Bank of England’s 4% Decision: Why One Rate Hike May Not Set the Path
Economists expect the Bank of England to lift Bank Rate from 3.75% to 4.00% on 5 November. But the vote, new forecasts and debate over energy-driven second-round inflation may matter more than the quarter-point headline.
9 min read ↗
New Zealand’s Unemployment Rate Reaches 5.7%, Highest Since 2015
The September-quarter rate matched a level last seen in 2015. Employment barely changed, but participation, hours and the mix of jobs point to a broader cooling that complicates the Reserve Bank’s inflation fight.
8 min read ↗