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Germany s Unemployment Rate Peaks at 5 9%, Record High in Years

In a not-so-stunning twist, the German workforce downturn highlights persistent economic woes. As a potential recession haunts the nation amid budgetary limbo, exacerbated by energy crises and accelerating deindustrialization, the future remains gloomy for the Olaf Scholz led government.

Transcripts for BBCNEWS Asia Business Report 20240604 00:33:00

you expecting in terms of the jobs data and what impact with that pap on a rates decision by the fed? ~ ., ., ., ., ., the fed? we have got around a 200.000 the fed? we have got around a 200,000 employment - the fed? we have got around a 200,000 employment read - the fed? we have got around a| 200,000 employment read this friday. this is what analysts are coming up with. we had 339,000 built in may so it will be dropped off a little bit but overall strong numbers from an employment sector, and as far as rates are concerned we will not be subpoenaed to see fed chair powell ratchet them up again so i think we are up for another tightening us and across the world.- another tightening us and across the world. how soon could the across the world. how soon could the right across the world. how soon could the right hike - across the world. how soon could the right hike come? | could the right hike come? could it come by summer? i won t be surprised. again, the jury won t be surprised. a

Transcripts for BBCNEWS Asia Business Report 20240604 01:33:00

what are you expecting in terms of the jobs data and what impact would that have on a rates decision by the fed? well, we have got around a 200,000 employment read this friday. this is what analysts are coming outwith. we had 339,000 billed in may, so it will be dropped off a little bit, but overall strong numbers from an employment sector, and as far as rates are concerned, we will not be surprised to see fed chair powell ratchet them up again, so i think we are up for another tightening for the us and across the world. how soon could the right hike come? could it come actually this summer? i won t be surprised. again, thejury is out but i think overall sentiment is, yes, you will see it in the northern hemisphere summerfor the fed, and it could even be this month. let s wait and see. tesla has beaten analyst expectations for the second

Transcripts for BBCNEWS Asia Business Report 20240604 23:32:00

production and strong demand from china in that regard but the overall weakness across the global economy is weakness internalized in china and we have felt that in australia with the weak dollar. i have felt that in australia with the weak dollar. i guess for the us with the weak dollar. i guess for the us is with the weak dollar. i guess for the us is a with the weak dollar. i guess for the us is a different - for the us is a different problem, where we are going to getjobs data and the economy has been showing quite a look of resilience despite some predicting a recession might be around the corner. what are you expecting in terms of the jobs data and what impact will that have on rates decision by the fed? ~ ., ., i: i: i: i: i: ., fed? we have a 200,000 toddler employment fed? we have a 200,000 toddler employment rate fed? we have a 200,000 toddler employment rate this fed? we have a 200,000 toddler employment rate this friday - employment rate this friday what i notic

Is unemployment actually declining?

Bangladesh Labour Force Survey 2022: The real situation is that many who don’t have access to a good job and are in desperate need of an income try to eke out a living by engaging in some work – whatever its nature is. While the standard measure of unemployment is not able to capture them, many of them are working but poor. What happens to their number and condition is

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