Hoping for a safe haven in Costa Rica

first_img Facebook Comments A Nicaraguan woman fills in refuge requests at an Immigration Office in San José, Costa Rica on July 23, 2018.Nicaraguans have been seeking refuge in increasing numbers in Costa Rica due to the unrest taking place in their country since April.Costa Rican Vice President and Minister of Foreign Affairs Epsy Campbell announced last week that Costa Rica has built two shelters to house Nicaraguan migrants fleeing the country’s violent political crisis.“What’s happening in Nicaragua is unacceptable, and it’s having direct consequences on our country. The world has to focus on Nicaragua,” Campbell said.Costa Rica asked international organizations for help in dealing with the growing crisis. Campbell said that 100 to 150 people are crossing the border daily and coming to Costa Rica for the first time.Read more: Costa Rica sets up shelters for Nicaraguan migrantscenter_img Related posts:Nicaraguan students vow to keep up fight until Ortega resigns Nicaragua police arrest 20, use stun grenades to end protest U.S. government restricts visas for Nicaragua officials over unrest Nicaragua clashes leave eight dead including baby: rights grouplast_img read more

JOBS JOBS JOBS Americas unemployment rate is now the lowest its been

first_img Twitter ‘JOBS, JOBS, JOBS!’ America’s unemployment rate is now the lowest it’s been in almost 50 years U.S. stocks opened higher as the surge in job growth Sponsored By: Reddit Comment May 3, 201911:51 AM EDT Filed under News Economy Jeff Kearns and Reade Pickert What you need to know about passing the family cottage to the next generation U.S. hiring topped forecasts in April.Sarah Blesener/Bloomberg Bloomberg News Facebook More Featured Stories Recommended For YouU.S. FDA approves Karyopharm Therapeutics’ blood cancer drugOntario Cannabis Store pulls affected CannTrust products amid Health Canada probeUPDATE 2-FDA approves expanded label for Regeneron/Sanofi’s DupixentTrump pick for Fed seat says doesn’t want to pull rug from under market -CNBCAP Explains: US sanctions on Huawei bite, but who gets hurt? Join the conversation → 12 Comments U.S. hiring topped forecasts in April as the jobless rate dipped to a fresh 49-year low and wage gains were slightly cooler than projected, suggesting the still-healthy labour market can continue to support growth without fuelling inflation.Payrolls climbed by 263,000 after a downwardly revised 189,000 advance the prior month, according to a Labor Department report Friday that exceeded all estimates in a Bloomberg’s survey. The jobless rate unexpectedly fell to 3.6 per cent while average hourly earnings growth was unchanged at 3.2 per cent, below projections.JOBS, JOBS, JOBS!“Jobs surge in April, unemployment rate falls to the lowest since 1969” https://t.co/4DGpumMISf— Donald J. Trump (@realDonaldTrump) May 3, 2019U.S. stock futures held their gains after the report. The fed funds futures market briefly showed a slight reduction in odds for a Federal Reserve rate cut this year, before returning to where it was prior to the data, following calls from President Donald Trump and others for a reduction to support the expansion. Policy makers reiterated their patient stance this week as Chairman Jerome Powell cited “very strong job creation” while noting weaker inflation.Here’s what the analyst say:“It’s clearly telling you this economy is still chugging along very nicely,” Torsten Slok, chief economist at Deutsche Bank Securities, said on Bloomberg Television. “It is inflationary in the sense that wages did go up but they didn’t go up as much as we had expected.”Related Stories:U.S. job growth surges, July rate cut expectations intactCanada’s jobs market stalls after strong start to yearAmerica’s economy and wages are cooling but not its female workforce“Goldilocks is the best description of this,” Slok said.The surprising robustness follows months of broad labour market strength. While the expansion is poised to become the nation’s longest on record at midyear, economists expect a deceleration this year even after a strong first quarter.Revisions for February and March added 16,000 more jobs than previously reported, while the three-month average fell to 169,000.Friday’s data follow a Federal Open Market Committee statement Wednesday saying “the labor market remains strong.” Officials in March forecast a 3.7 per cent unemployment rate at year end.Payroll DetailsThe payroll gains were somewhat uneven, with construction, health care, and professional and business services posting gains while retail employment fell by 12,000 for a third- straight decline.Construction payrolls climbed by 33,000, the most since January, as manufacturing employment rose by 4,000. Factory employment was unchanged in the prior month after a previously reported drop.Average hourly earnings rose 0.2 per cent from the prior month after a revised 0.2 per cent rise in the prior period. Wages for production and nonsupervisory workers accelerated to a 3.4 percent annual pace, signalling gains for lower-paid employees.While the historically tight labour market has pushed companies to raise pay, inflation appears largely subdued, as the fatter paycheques don’t show any sign of fuelling faster price gains.At the same time, the average workweek got slightly shorter, boosting average hourly pay. The average for all private employees decreased to 34.4 hours, from 34.5 hours.Other DetailsThe U-6, or underemployment rate, held at 7.3 per cent; the gauge includes part-time workers who’d prefer a full-time position and people who want a job but aren’t actively looking.The participation rate, or share of working-age people in the labor force, decreased to 62.8 per cent from 63 percent.Private employment rose by 236,000 after increasing 179,000; government payrolls climbed by 27,000.Bloomberg.com advertisement Email Share this story’JOBS, JOBS, JOBS!’ America’s unemployment rate is now the lowest it’s been in almost 50 years Tumblr Pinterest Google+ LinkedIn ← Previous Next →last_img read more