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Canada’s Unemployment Rate Rises to 6.7% as Jobs Stall; Youth Rate Jumps to 13.7%
Canada’s unemployment rate rose to 6.7% in October as employment stalled after two months of losses; youth unemployment jumped to 13.7%.
Business
Semicon 2.0 Opens for Fab, Equipment and Chip-Testing Projects as India Approves 12 More Component Plants
India opened Semicon 2.0 applications for fabs, equipment and chip assembly, and approved 12 more component projects worth ₹7,503 crore, including the first for copper foil.
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Business
Canada’s Unemployment Rate Rises to 6.7% as Jobs Stall; Youth Rate Jumps to 13.7%
Canada’s unemployment rate rose to 6.7% in October as employment stalled after two months of losses; youth unemployment jumped to 13.7%.
Business
Semicon 2.0 Opens for Fab, Equipment and Chip-Testing Projects as India Approves 12 More Component Plants
India opened Semicon 2.0 applications for fabs, equipment and chip assembly, and approved 12 more component projects worth ₹7,503 crore, including the first for copper foil.
Business
Bank of England Raises Rates to 4% as Middle East Energy Shock Pushes Inflation Towards 5%
The Bank of England raised Bank Rate to 4% by an 8–1 vote, citing energy-driven inflation pressure; it now expects UK inflation to reach around 5% by mid-2027.
Business
US Adds 165,000 Jobs in October; Unemployment Holds at 4.1% and Earlier Months Revised Up
US payrolls rose 165,000 in October, far above the past year’s average, while unemployment held at 4.1% and August–September gains were revised up by 84,000.