Unemployment rates have been rising in the past six months in the US, the UK, Canada, Germany, Australia and Switzerland, Fitch Ratings’ ‘20/20 Vision’ chart pack shows.
Unemployment is low by historical standards, but easing labour market conditions are starting to take some pressure off wage inflation, helping central banks there justify interest rate cuts.
Unemployment is low by historical standards, but easing labour market conditions are starting to take some pressure off wage inflation, helping central banks there justify interest rate cuts.
