In October, American wholesale inventories rallied a bit more than initially anticipated because sales went down, dropping a hint that inventory investment could potentially contribute to economic surge in the fourth quarter…
British companies are struggling to get staff after Brexit
The previous month surge in the number of employees hired in Great Britain via recruitment agencies decreased and tumbled in London for the first time in almost a year because Brexit makes it harder for UK companies to hire staff, as a poll disclosed on Friday.
The IHS Markit/Recruitment and Employment Confederation reported that permanent roles filled by recruitment companies strengthened at the weakest tempo for five months.
The slide in placements in London actually reflected recruitment issues, as REC's monthly Report on Jobs revealed.
A drop in the number of EU employees coming to work in the UK had drastically worsened a shortage of staff, as REC informed.
Moreover, low-skill roles are also difficult to fill in areas, including warehouses, catering and food processing – sectors, which employ a higher number of folks from the EU than others across the British economy, as REC stressed.
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The United States will release the non-farm employment change, also known as non-farm payrolls or NFP at 15:30 MT time on December 7.
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…