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...The most recent FT-Michigan Ross poll showed 60 per cent of voters disapprove of how Biden is handling the economy, despite historically low unemployment, strong gross domestic product and wage growth, and...
...in his overall approval rating — will be welcome news in the White House, where the president and his team have been frustrated by the public’s failure to give him more credit for strong growth and low unemployment...
...Germany’s labour market is a source of “stability” amid the country’s economic gloom, according to the head of the Federal Employment Agency, with little likelihood of the jump in joblessness seen in previous...
...Unemployment remains near record lows and the economy added another 275,000 jobs last month, beating Wall Street forecasts. The S&P 500 has hit record highs this year....
...The University of Michigan final consumer sentiment reading is expected to remain unchanged at 76.5....
...“If we win Michigan, we win the election,” Trump has said....
...Analysts are increasingly confident that the world’s economic powerhouse has defied the odds and achieved a “soft landing”, including inflation easing but without widespread unemployment....
...The US presidential election primary roadshow has pitched up in Michigan and later that day the voting begins....
...The agency’s current best estimate, which reflects recent trends in tax records and benefits claims, is that unemployment remained steady at 4.2 per cent between the second and third quarters of the year...
...The Misery Index — the sum of the inflation and unemployment rate — is a more explicit indicator of economic sentiment....
...Modi has rejected accusations that his government has abused law enforcement and tax agencies to target opponents....
...Strikingly, people’s opinions on whether or not they trusted scientists and research organisations — such as universities and the Environmental Protection Agency — hardened over that period....
...Biden has spent the most in Pennsylvania at $35.1mn, followed by $24.7mn in Michigan and $21.5mn in Arizona....
...Economic data: Peru’s statistics agency, Inei, releases monthly economic growth data....
...The federal employment agency reported a seasonally adjusted increase of 30,000 unemployed people from a month earlier, taking the jobless total to 2.61mn, which was up 165,000 from a year earlier....
...The suspension was announced on the eve of a trip by US president Joe Biden to Michigan....
...The city’s unemployment rate remains well above the national average....
...On Monday, US college football will crown a national champion, when the University of Michigan takes on the University of Washington....
...The OSR noted that resource constraints had stopped the agency publishing the regional breakdowns needed to make comparisons over time....
...Meanwhile, President Joe Biden is expected to join the picket line with the United Auto Workers in the state of Michigan today. It’s a historic move for a sitting US president....
...Eurostat, the EU’s statistical agency, said on Tuesday the number of jobless people in the eurozone fell to 10.97mn, down 99,000 from the previous month and 282,000 from a year earlier....
...The statistics agency stopped publishing unemployment figures using its existing labour force survey in September 2023, because a drop in response rates made the sample size too small to produce a reliable...
...The agency now uses branded notebooks and £10 vouchers to induce people to respond. Despite the failures at the ONS, the agency’s regulator has said the main problem has chiefly been communication....
...Jobless claims: New applications for US state unemployment aid, a proxy for lay-offs, are projected to have declined to 226,000 last week from 231,000 the week before....
...While eurozone unemployment is expected to stay at a record low of 6.4 per cent when data for October is released on Friday, Subran forecast both the German and eurozone unemployment rates would rise by...
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