Markets.News
According to recent reports, the unemployment rate in the country has reached 5.2%, with over 8 million people currently out of work. The government has announced plans to invest $2.5 billion in job creation initiatives to address the growing unemployment issue. Additionally, the average hourly wage has increased by 3% compared to last year, now standing at $25.60. This increase is expected to provide some relief to workers amidst the economic challenges. Overall, the current economic trends indicate a need for continued support and intervention to stabilize the job market and improve financial prospects for citizens.