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we begin in china where we ve just had a slew of data that shows how deep the impact of both the pandemic and its demographics is having on society and the economy. data from the national bureau of statistics shows china s economy grew by 2.9% year on year for the last three months of 2022. that beat expectations reuters expected the economy to grow byjust1.8%. for the full year growth came in at 3% far below china s official target of 5.5%. excluding the year covid hit in 2020, this is china s worst showing in nearly 50 years. also today, the news that china s population has shrunk for the first time in more than 60 years a change that is expected to have deep economic, social and political implications for china. for more on that let s go to katie silver in our asia business hub. tell us more. that s right. the bi . tell us more. that s right. the big figure tell us more. that s right. the big figure that tell us more. that s right. the big figure that we ve ....
Critical again. and just in terms of support. so, you know, that could be technology, it could be having the right processes in place, but it could be having the right support when things don t go so well as well. i m thinking around mental health and supporting employers when they re struggling. those are some of the key factors jobseekers are looking for. thank you very much, gareth. we appreciate that. when we get the numbers, in terms of unemployment numbers for the uk, we ll update you. last time the numbers came out, there was quite a big difference between the pay of those in the private and public sector. so we ll see if that is a continued trend. the boss of the bank of england is warning there is still a hangover effect from the financial instability seen during the prime ministership of liz truss. andrew bailey told mps the cost of government borrowing, which soared after the mini budget, had normalised but international investors are still wary about lending ....
Fundamentals. what i mean by that is that we have not seen enough data yet to show us that activity is starting to pick up, production is starting to pick up. of course, we are having to face a slowing down of the rest of the global economy. of the rest of the global economy- of the rest of the global econom . ., ~ i. of the rest of the global econom . ., ~ ., economy. thank you. good to talk to you- economy. thank you. good to talk to you. chief economy. thank you. good to talk to you. chief china i talk to you. chief china economist at icbc standard bank. here in the uk, company bosses in some sectors are fighting to keep their skilled workers. the latestjobless numbers are out in a few hours time and they are expected to show that unemployment remains at the record low level of 3.7% while employment is expected to see another monthly increase. it is one of the sectors where workers can job hop as firms struggle to find talent. gareth vale is operations director of manpower grou ....
Wage rises still outpaced by soaring inflation – Financial News financial-news.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-news.co.uk Daily Mail and Mail on Sunday newspapers.