US Federal Reserve Governor Jerome Powell’s Press Conference: Interest Rate, Inflation, and Economic Growth Analysis

US Federal Reserve Governor Jerome Powell’s Press Conference: Interest Rate, Inflation, and Economic Growth Analysis

US Federal Reserve Governor US Federal Reserve Governor Jerome Powell’s press conference included the following points: First: The US Federal Reserve Governor reads the interest statement: The US Federal Reserve is committed to returning inflation towards its specified target and optimal exploitation of the labor market. It is natural to look at what has been … Read more

Unemployment Rates and Labor Force Participation in Q2 2023: Insights from GASTAT Bulletin

Unemployment Rates and Labor Force Participation in Q2 2023: Insights from GASTAT Bulletin

Al-Marsad newspaper – SPA: The General Authority for Statistics (GASTAT) issued today, through its official website, the labor market bulletin for the second quarter of 2023. Unemployment rate According to the results of this bulletin, the total unemployment rate (for Saudis and non-Saudis) decreased to (4.9%) compared to the first quarter of 2023 AD, and … Read more

US Unemployment Benefits Claims Rise to Highest Level Since October 2021

The number of Americans filing for unemployment benefits last week rose to the highest level since October 2021. A larger-than-expected increase in weekly jobless claims in the United States The number of Americans filing new applications for unemployment benefits rose sharply last week, indicating a slowdown in the labor market and rising recession risks. According … Read more

“US Federal Reserve Meeting Results – May 2023: Insights and Forecasts”

US Federal The results of the US Federal Reserve meeting for last April, issued today, Wednesday, included the following points: Data available at the time of the May meeting indicated that real GDP expanded at a modest pace in the first quarter. Labor market conditions remained tight in March, as job gains were strong and … Read more