US holiday hiring decreases

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Source: Dukascopy Bank SA
Reuters has published a report that indicates that 2024 US holiday hiring at retailers is set to be lower than the one in 2023. Retailers hired 564,200 seasonal workers in 2023. Expectations for 2024 fluctuate around the 520,000 mark.
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Wed, 18 Sep 2024 06:10:09 GMT

UK CPI remains at 2.2%

The United Kingdom's Office for National Statistics has published the country's monthly Consumer Price Index data. Annual inflation in the UK remains at 2.2%, which indicates that the Bank of England has to keep monetary policy tight. This fact caused an appreciation of the GBP.

Wed, 25 Sep 2024 21:30:06 GMT

Walmart raises hourly pay

Starting from November, Walmart is set to increase the hourly pay for 100,000 employees. Entry level workers will make $16 per hour instead of the prior $15.

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