Dollar recovers ahead of Powell speech, French elections outcome

Dollar recovers ahead of Powell speech, French elections outcome

EURUSD remains on the backfoot on Tuesday, slightly above 1.0700, as the major currency pair comes under pressure due to expected decline in the preliminary Eurozone HICP data for June. The annual Harmonised Index of Consumer Prices decelerated to 2.5%, as expected, year-on-year from May’s reading of 2.6%. In the same period, the core HICP, which … Read more

53.9% increase in job vacancies

53.9% increase in job vacancies

In the 4th quarter of 2023, there was a 53.9% increase in job vacancies, totaling 12,038, compared to the same quarter of the previous year. However, there was a decrease of 236 positions (-1.9%) from the 3rd quarter of 2023. The job vacancy rate was 2.8%, compared to 2.9% in the previous quarter and 1.9% in the corresponding quarter of 2022. The highest job vacancy rates were in Administrative and Support Service Activities (5.2%), Other Service Activities (3.9%), and Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles (3.5%). The largest increases in job vacancies from the 4th quarter of 2022 to the 4th quarter of 2023 were in Real Estate Activities (437.5%), Construction (177.6%), Administrative and Support Service Activities (137.7%), and Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles (129.6%). The greatest decreases were in Electricity, Gas, Steam, and Air Conditioning Supply (87.5%), Mining and Quarrying (70%), Arts, Entertainment, and Recreation (28.8%), and Financial and Insurance Activities (19.8%).