What to expect from the March jobs report – even if the war could hit hiring | CNN Business

Cargo ships sail in the Arabian Gulf towards the Strait of Hormuz in the United Arab Emirates, on March 19.

The March jobs report, due out on Friday morning, could provide a much-needed reality check after two months of turmoil in the US labor market. But even if a baseline can be reached, and there is clarity about the health of the labor market, it’s a whole new ball game now. The conflict in the … Read more

War and inflation hit Iran’s workers

Iran's currency is rising even further as consumer prices rise

Sources familiar with the matter told Iran International that the UAE authorities have arrested many money-changers linked to financial institutions linked to Iran’s Revolutionary Guards, shutting down related companies and closing their offices. The split follows days of heightened regional tensions and comes after other measures targeting Iranian citizens, including the cancellation of visas and … Read more

UK food prices “could hit 9% this year” as the Iran war pushes up energy prices

UK food prices "could hit 9% this year" as the Iran war pushes up energy prices

Food price rises could hit 9% in the UK this year, even if the strait of Hormuz opens in the next few weeks, figures suggest, as the Iran war raises energy prices. The Food and Drink Association, which represents 12,000 food and drink manufacturers, has predicted that prices will rise by “at least” 9% by … Read more

Hiring recently hit unprecedented levels as economy ‘virtually shut down’ during COVID, top economist says | Good luck

Hiring recently hit unprecedented levels as economy 'virtually shut down' during COVID, top economist says | Good luck

The Bureau of Labor Statistics reported Tuesday that the hiring rate fell to 3.1% in February, with just 4.8 million new hires, the lowest since April 2020. Job openings fell to 6.9 million, down 358,000 from January. The unemployment rate was lower at 1.9%, while the unemployment rate remained at 1.1%, and the number of … Read more