Shabaab of Rafah

Japan jobless rate lowest since 1993

Tokyo - Muslimchronicle

Japan's unemployment rate in November dipped to its lowest level since November 1993, official data showed Tuesday, offering another sign that the world's third-largest economy is on track to recovery even if the pace is slow. Figures released by the government showed unemployment stood at 2.7 percent last month while the jobs-to-applicants ratio improved slighty, up 0.01 percent from the previous monthRead more

Retail store job cuts deepen as more buyers migrate online

New York - Arab Today

Retail stores are cutting jobs at the sharpest pace in more than seven years, evidence of a seemingly inexorable shift away from employee-heavy stores as Americans increasingly shop online. A combined 60,600 retail job losses over the past two months have had less to do with the health of US consumer spending than with changes in buying habits. In theRead more

Japan inflation, factory output pick up in February

Tokyo - Arab Today

Japanese inflation and factory output picked up in February while the unemployment rate dipped to a two-decade low, official data showed Friday, a rare string of upbeat news for the world’s No. 3 economy. But the positive figures were tempered by still-weak household spending and little evidence that a tight labor market was leading to pay rises and driving upRead more

British unemployment hits 41-year low

London - Arab Today

Britain’s unemployment rate has struck the lowest level for more than 41 years, official data showed on Wednesday as the country prepares to trigger its exit from the EU. However, a drop in the jobless rate comes alongside news of slowing wages growth. Unemployment for the quarter ending Jan. 31 fell to 4.7 percent from a rate of 4.8 percentRead more

Unemployment Rate in Morocco Down to 9.4% in 2016

Rabat - Arab Today

The unemployment rate nationwide decreased to 9.4% in 2016 against 9.7% a year earlier, which is a drop of 0.3 point, according to the High Planning Commission (HCP). With a fall of 47,000 people (45,000 in the urban area and 2,000 in the rural one), active jobless population decreased, between 2015 and 2016, from 1,148,000 to 1,105,000 jobless individuals, saidRead more

S. Korea's Long-Term Unemployment Rate Hits 14-Year High

Seoul - QNA

South Korea's job market is under strain from not only a rising unemployment rate but also an increasing number of people who have been jobless for a long time, data showed Sunday. The number of jobseekers surpassed 1 million in 2016 for the first time since 2000, according to Statistics Korea. Of the total, 133,000 were unemployed for more thanRead more

China's Urban Jobless Rate Slightly Down in Q3

Beijing - Arab Today

The registered unemployment rate in Chinese cities stood at 4.04% in the third quarter of the year, slightly down from 4.05% in the second quarter, latest data showed. China created 10.67 million new jobs in the first nine months of 2016, fulfilling the annual target of 10 million ahead of schedule, China's Ministry of Human Resources and Social SecurityRead more

Jordan, Turkey lead top 10 countries hosting half of world’s refugees

London - Arab Today

Ten countries accounting for a meager 2.5 percent of world GDP are hosting 56 percent of the world’s refugees, with Jordan and Turkey on top of the list, Amnesty International said on Tuesday. A report by Agence France Presse quoted the London-based group as saying it is unfortunate that many of the world’s wealthiest nations “host the fewest and doRead more

China Targets Urban Jobless Rate Below 5 Percent

Beijing - QNA

China will aim to keep its urban registered unemployment rate below 5 percent between 2016 and 2020, under a plan released on Thursday by the Ministry of Human Resources and Social Security. It said the country will aim to create job opportunities for more than 50 million people in cities during the period. China's urban registered unemployment rate stood atRead more

South Korea's jobless rate drops to 3.6% in June

Seoul - QNA

South Korea's jobless rate dropped slightly in June from a year earlier, but the unemployment rate for young adults remained high amid a protracted economic slowdown, a government report showed Wednesday. The unemployment rate in Asia's fourth-largest economy stood at 3.6% last month, compared with 3.7% tallied in May, according to the report compiled by Statistics Korea. Job creation edgedRead more