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17.03.25 - 01:06
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Employment rights bill must do more to stop ′disposable labour′ in UK, say unions (The Guardian)
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Joint statement says important strides have been made since mass firing of workers by P&O Ferries three years agoThe UK government's employment rights bill has made “important strides” to stop another P&O Ferries scandal happening – but more must be done, according to trade unions.The TUC, Nautilus and RMT unions said more measures to prevent “unscrupulous” employers such as P&O Ferries from treating staff like “disposable labour” were needed as they marked the three-year anniversary of the firing by P&O of UK workers. Continue reading......
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14.03.25 - 13:18
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Sweden Jobless Rate Falls To 9.4% (AFX)
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STOCKHOLM (dpa-AFX) - Sweden's jobless rate decreased in February to the lowest level in three months, figures from Statistics Sweden showed on Friday.The unadjusted unemployment rate dropped to 9......
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13.03.25 - 17:31
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Dollar zieht an nach US-Arbeitsmarkt- und -Preisdaten (Cash)
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Währungen - Der Dollar hat am Donnerstagnachmittag nach der Veröffentlichung von Arbeitsmarkt- und Preisdaten aus Amerika an Wert gewonnen. Zur Schweizer Währung legt der «Greenback» deutlich auf 0,8849 Franken zu nach 0,8824 Franken am Mittag....
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13.03.25 - 15:01
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DOGE Impact Remains Muted As National Jobless Claims Tumble (ZeroHedge)
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DOGE Impact Remains Muted As National Jobless Claims Tumble
Following the initial surge in jobless claims in the DC area to start the year, things have slowed notably in the last two weeks (although last week saw a modest rise in the number of people filing for first time benefits)...
Source: Bloomberg
Overall, initial claims fell last week - with non-seasonally-adjusted claims now at their lowest since November
Source: Bloomberg
Meanwhile what the fuck is going on with NY jobless claims data?
Last week claims exploded higher in NY...
And this week they collapsed...
Continuing jobless claims remain range-bound for the last six months around the 1.875mm Americans level...
Source: Bloomberg
We wonder if the discrepancy between DOGE-driven layoffs and the lack of signal in the claims data is related to the buyouts offered to federal workers - which may preclude them from applying for unemployment benefits.
Tyler Durden
Thu, 03/13/2025 - 09:30...
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