JOBLESS RATE
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ECONOMY
Iran reports slight fall in jobless rate in Sep quarter
Iran’s unemployment rate fell by 0.1% year on year in the September quarter to reach 7.4%.
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BUSINESS
What recovery? Clothes retailers cut orders while factories fight to survive
Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents face late payments. Garment factories in Bangladesh are on the rack.
ECONOMY
US jobless claims rise to 778,000 as pandemic worsens
The number of Americans applying for unemployment benefits rose last week to 778,000.
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