Tag: unemployment

Is Canada on the Brink of Recession? The Bank of Canada’s Shocking Pause Raises Big Questions

Canada and Caribbean Wasana Nadeeshani - April 18, 2025

Commonwealth The Bank of Canada has chosen to hold its key policy interest rate at 2.75%, pausing for the first...

Tata Steel receives £500 million subsidy from UK government

Commonwealth Business Suraj Atapattu - September 12, 2024

UK (Commonwealth) _ The UK government and Tata Steel have reached an agreement on a £500 million subsidy to...

India positioned as second most optimistic nation

Asia Hafsah Zuhar - August 1, 2024

A recent survey reveals that 70 percent of urban Indians believe their country is on the right track, positioning...

Interest rates to drop after inflation dip

Canada and Caribbean Hafsah Zuhar - July 18, 2024

Canada’s yearly inflation rate reduced to 2.7% in June from 2.9% a month prior, a relaxation that eliminates at least one...

Canada’s unemployment on route to exceed 7%

Canada and Caribbean Hafsah Zuhar - July 11, 2024

Unemployment percentage in Canada is on a route to hit or surpass 7% this year if the Bank of...

Major job losses in Canada’s construction sector

Canada and Caribbean Hafsah Zuhar - May 22, 2024

Canada’s construction segment lost 11,000 jobs in April, a major reduction in jobs in all segments, according to Statistics...

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Australian unemployment rate surges

Pacific Piumi Fernando - May 16, 2024

Australia's unemployment rate increased to 4.1% in April, surpassing expectations of 3.9% and the previous month's figure of 3.8%,...

Banking and Finnce

Commonwealth Business Suraj Atapattu - March 12, 2024

Ireland houses soarUK (Commonwealth) _New house completions are expected to reach 35,000 this year and then grow again in...

Homelessness in the Global South

Global Prathibhani Senadasa - February 15, 2024

Homelessness is increasingly recognized as a violation of human rights on a global scale. It is catastrophic, and isolating....

West African leaders meet to put an end to coups

Commonwealth Development Suraj Atapattu - December 1, 2023

Africa (Commonwealth) _West African leaders will meet later this month to discuss how to reverse a succession of coups...

How high will Unemployment Rise?

Pacific Piumi Fernando - July 17, 2023

In recent statements, Australian Treasurer Jim Chalmers addressed the nation's economic outlook, expressing his expectation of a slight increase...

The slowing global economy heralds an Australian unemployment increase

Pacific Savithri Rodrigo - July 17, 2023

Sydney, Australia (Commonwealth Union)_Ever since the pandemic hit the world, Australia has been battling rising unemployment and with the...

Economic Forecast: Recession Looms

Pacific Piumi Fernando - July 4, 2023

Australia (Commonwealth)_This is the latest financial forecast for the year ahead. According to a recent survey conducted by The...

Crisis provides an opportunity to Sri Lanka

Commonwealth Business Suraj Atapattu - June 27, 2023

Sri Lanka (Common Wealth) _ Sri Lanka is at a crossroads in its history. Years of economic mismanagement, poor...

Swing of Australia and China!

Commonwealth Maritime and Trade Suraj Atapattu - June 15, 2023

Australia (common Wealth) _ The Australian Dollar recovered early losses on Thursday following a strong jobs data that showed...

Where did Business fall Sharply in May, with More Risks Ahead…! ?

Commonwealth Maritime and Trade Suraj Atapattu - June 13, 2023

Australia (Common Wealth) _ Australia's business conditions deteriorated sharply in May, hampered by slower sales and employment gains, indicating...