German Economy Stagnates; Growth Dependent on Structural Reforms
Germany's economy is stagnating, with GDP projected to be unchanged in 2025 after a 0.2% decline in 2024 and minimal growth in 2025, according to leading economic institutes. Rising unemployment and restrained consumption are contributing factors, with the future trajectory dependent on whether stru...
German Economy Stagnates; Growth Dependent on Structural Reforms
Germany's economy is stagnating, with GDP projected to be unchanged in 2025 after a 0.2% decline in 2024 and minimal growth in 2025, according to leading economic institutes. Rising unemployment and restrained consumption are contributing factors, with the future trajectory dependent on whether stru...
Progress
48% Bias Score
Spanish Unemployment Reaches 2.5 Million in November 2024
Over 2.5 million Spaniards were unemployed in November 2024; to receive benefits, individuals must have contributed for at least 360 days in the past six years, with benefit duration ranging from four months to two years based on contribution levels.
Spanish Unemployment Reaches 2.5 Million in November 2024
Over 2.5 million Spaniards were unemployed in November 2024; to receive benefits, individuals must have contributed for at least 360 days in the past six years, with benefit duration ranging from four months to two years based on contribution levels.
Progress
20% Bias Score
Canada's Rising Unemployment Rate Masks Persistent Labor Shortages
Despite Canada's unemployment rate rising to 6.9 percent in November 2023 from 4.9 percent in summer 2022, 80 percent of employers still struggle to fill roles, with most of the unemployment concentrated among young and new Canadian workers in specific sectors impacted by high interest rates and inf...
Canada's Rising Unemployment Rate Masks Persistent Labor Shortages
Despite Canada's unemployment rate rising to 6.9 percent in November 2023 from 4.9 percent in summer 2022, 80 percent of employers still struggle to fill roles, with most of the unemployment concentrated among young and new Canadian workers in specific sectors impacted by high interest rates and inf...
Progress
48% Bias Score
U.S. Job Growth Rebounds in November, Exceeding Expectations
The U.S. added 227,000 jobs in November 2024, exceeding expectations after a weak October and suggesting continued job market strength despite a slightly increased unemployment rate of 4.2% and strong wage growth of 4% year-over-year.
U.S. Job Growth Rebounds in November, Exceeding Expectations
The U.S. added 227,000 jobs in November 2024, exceeding expectations after a weak October and suggesting continued job market strength despite a slightly increased unemployment rate of 4.2% and strong wage growth of 4% year-over-year.
Progress
44% Bias Score
US Adds 227,000 Jobs in November, Unemployment Rate Rises to 4.2%
The US added 227,000 jobs in November, increasing the unemployment rate to 4.2%, following October's weak 12,000 job growth due to hurricanes and a Boeing strike; the November report precedes President-elect Trump's inauguration and raises concerns about his potential policy impacts.
US Adds 227,000 Jobs in November, Unemployment Rate Rises to 4.2%
The US added 227,000 jobs in November, increasing the unemployment rate to 4.2%, following October's weak 12,000 job growth due to hurricanes and a Boeing strike; the November report precedes President-elect Trump's inauguration and raises concerns about his potential policy impacts.
Progress
52% Bias Score
US Hiring Rebounds in November After October Slump
US hiring rebounded in November with an estimated 208,000 jobs added, reversing October's decline caused by hurricanes and strikes; unemployment remained at 4.1%.
US Hiring Rebounds in November After October Slump
US hiring rebounded in November with an estimated 208,000 jobs added, reversing October's decline caused by hurricanes and strikes; unemployment remained at 4.1%.
Progress
36% Bias Score
PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo
The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.
PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo
The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.
Progress
44% Bias Score
U.S. Job Market Stagnant: Low Hiring, Low Layoffs Create Challenges for Job Seekers
The U.S. job market is currently stagnant, with low hiring and low layoffs despite near-record-low unemployment (4.2% in November). This follows a period of high employee turnover, and job seekers now face increased competition.
U.S. Job Market Stagnant: Low Hiring, Low Layoffs Create Challenges for Job Seekers
The U.S. job market is currently stagnant, with low hiring and low layoffs despite near-record-low unemployment (4.2% in November). This follows a period of high employee turnover, and job seekers now face increased competition.
Progress
40% Bias Score
Canada Unemployment Rate Jumps to Multiyear High Amid Strong Job Growth
Canada's unemployment rate surged to a 6.8 percent in November, its highest since January 2017, despite adding nearly 51,000 jobs; this development is likely to prompt another substantial interest-rate cut by the Bank of Canada.
Canada Unemployment Rate Jumps to Multiyear High Amid Strong Job Growth
Canada's unemployment rate surged to a 6.8 percent in November, its highest since January 2017, despite adding nearly 51,000 jobs; this development is likely to prompt another substantial interest-rate cut by the Bank of Canada.
Progress
36% Bias Score
OECD Report Praises Greece's Economic Progress, Recommends Productivity Focus
The OECD commends Greece's robust economic growth exceeding Eurozone averages, substantial unemployment decrease, increased investment and tax revenue (projected €1.8 billion for 2024 from improved tax collection), and significant public debt reduction; it recommends aligning wage growth with produc...
OECD Report Praises Greece's Economic Progress, Recommends Productivity Focus
The OECD commends Greece's robust economic growth exceeding Eurozone averages, substantial unemployment decrease, increased investment and tax revenue (projected €1.8 billion for 2024 from improved tax collection), and significant public debt reduction; it recommends aligning wage growth with produc...
Progress
52% Bias Score
November Jobs Report to Shape Federal Reserve's Interest Rate Decision
The November jobs report, expected to show a 214,000 increase in nonfarm payrolls, is crucial for the Federal Reserve's December policy meeting; October's unusually low 12,000 gain was heavily impacted by Hurricane Milton and the Boeing strike.
November Jobs Report to Shape Federal Reserve's Interest Rate Decision
The November jobs report, expected to show a 214,000 increase in nonfarm payrolls, is crucial for the Federal Reserve's December policy meeting; October's unusually low 12,000 gain was heavily impacted by Hurricane Milton and the Boeing strike.
Progress
40% Bias Score
Canada Unemployment Jumps to 6.8%, Fueling Rate-Cut Bets
Canada's unemployment rate unexpectedly rose to 6.8 percent in November, the highest since 2017, despite a 50,500 job increase, prompting increased expectations for a significant interest rate cut by the Bank of Canada next week.
Canada Unemployment Jumps to 6.8%, Fueling Rate-Cut Bets
Canada's unemployment rate unexpectedly rose to 6.8 percent in November, the highest since 2017, despite a 50,500 job increase, prompting increased expectations for a significant interest rate cut by the Bank of Canada next week.
Progress
36% Bias Score