US jobs data

US: Jobless Claims Fall Below 300,000 For The First Time During The Pandemic

J.J. Fernández Figares (Link Securities) | It is difficult to explain the reason for the recent rally in bonds, which has led to a significant fall in yields. Particularly when most of the macro figures published in the last few days have confirmed that “high inflation” is here to stay, at least for much longer than initially estimated by central banks. It is quite another matter if the latter, under…

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Jobless queue shrinks in Spain, but 26% rate still dents recovery

MADRID | By Fernando G. Urbaneja | New employment data released on Tuesday still point to a draining situation in the eurozone’s forth economy. Employment destruction speed is simply slowing, not stopping. Unemployed queue shrank by 2,300 people, to 5.93 million, and rate climbed to 25.93 percent in the first three months of 2014, up from 25.73 percent in the previous quart. Something that is sharply denting the economic recovery.