Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Apr 01, 2022

U.S. Jobs Report, British Pessimism, EU Energy Costs: Eco Day

U.S. Jobs Report, British Pessimism, EU Energy Costs: Eco Day

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Welcome to Friday, Europe. Here's the latest news and analysis from Bloomberg Economics to help you start the day:

  • It's U.S. jobs report day. The stars are aligning for strong results, according to Bloomberg Economics
    • A near-record 49% of U.S. small-business owners said they raised worker compensation in March
    • Consumers are saving their higher wages amid increasing geopolitical uncertainty and rising inflation
  • U.K. business confidence collapsed to a 17-month low since the war in Ukraine, and many firms are putting investment plans on hold
  • Millions in the U.K. could fall into poverty as household energy prices hit a record and a payroll tax increase comes into force
    • An emergency increase to welfare payments during the pandemic helped reduce Britain's income gap
    • Bloomberg Economics estimates the energy crisis caused by the war in Ukraine will cost eurozone consumers about 230 billion euros this year
    • Russia aims to keep supplying gas to Europe even as it demands payment in rubles, President Vladimir Putin said
    • Asia's manufacturing resurgence softened as factories saw worsening supply shortages and soaring costs
    • Australia named Michele Bullock as the Reserve Bank's first female deputy governor
    • ©2022 Bloomberg L.P.

      Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com