We’re not the only ones that have economic problems.
This recession will be global. pic.twitter.com/aHNukwZGof
— QE Infinity (@StealthQE4) June 5, 2024
German unemployment has risen by more than expected in a blow to hopes that it is recovering from a downturn.
There were another 25,000 people out of work in May, data from the Federal Labor Agency show, which was well ahead of Bloomberg expectations of a gain of 7,000.
The unemployment rate held at 5.9pc.
The Federal Labor Agency’s head Andrea Nahles said: “The spring recovery hasn’t really taken off this year.”
www.telegraph.co.uk/business/2024/06/04/ftse-100-markets-latest-news-bank-laundering-hamas-us-jolts/
Nike is eliminating another 2% of its global workforce, or around 2,000 employees#MacroEdge
— MacroEdge (@MacroEdgeRes) June 4, 2024
Are we gonna dance the tango, er see contango? t.co/mcILKu1anF
— Keiki Kāne o Māui (@MauiBoyMacro) June 4, 2024