Britain reported a record jump in the number of people leaving the labour market in the three months to August, adding to the Bank of England's inflation headaches.

British recruiters saw the weakest growth in hiring in more than a year and a half last month, as signs of an economic downturn made workers more wary about changing jobs and businesses more cautious about hiring, a survey showed on Friday.

U.S. stock indexes futures pared losses on Thursday, with Nasdaq futures briefly turning positive after data showing an increase in weekly jobless claims suggested the Federal Reserve may need to ease its aggressive monetary tightening cycle.

The number of Americans filing new claims for unemployment benefits increased by the most in four months last week, but the labor market remains tight even as demand for labor is cooling amid higher interest rates.

Her proposal (before it was dramatically ditched) to cut taxes for top income earners, stems from a belief that such moves will encourage innovation and investment.

U.S. private employers stepped up hiring in September, suggesting demand for workers remains strong despite rising interest rates and tighter financial conditions.

Eurozone consumer prices skyrocketed by a record 10 percent in September, official data showed on Friday.

The U.S. Federal Reserve will need to raise interest rates to a range between 4.50% and 4.75%, Chicago Fed President Charles Evans said on Tuesday, a more aggressive stance than he has previously embraced that underscores the central bank's hardening resolve to quash excessively high inflation.

The Bank of England looks set to raise interest rates by at least half a percentage point on Thursday in a bid to tame inflation that is just off a 40-year high, against a backdrop of a tumbling currency and a free-spending government.

The Federal Reserve is expected on Wednesday to lift interest rates by three-quarters of a percentage point for a third straight time and signal how much further and how fast borrowing costs may need to rise to tame a potentially corrosive outbreak of inflation.

Britain's jobless rate hit its lowest since 1974 but the drop was due mostly to a fall in the size of the workforce and there were other signs that the country's jobs boom is petering out, adding to the Bank of England's inflation headache.

European markets, euro tumble as Russia fans energy crisis

U.S. stock index futures jumped on Friday after data showed stronger-than-expected jobs growth in August but cooling wage increases and a rise in unemployment rate that eased some concerns about inflation.

Disadvantaged students starting courses in 2022 are worse off as a result of COVID – universities must support them

The dollar closed in on the 140-yen mark not seen since 1998, but an easing in European gas prices helped the euro limit its losses.

Similar dynamics helped fuel the "Great Resignation" -- the surge in employees leaving or switching jobs amid pandemic-related pressures.

It was meant to be Europe's stellar year.

India's e-commerce companies are adding delivery personnel at a rapid pace, fearing a labour shortage might cause them to lose out in one of the biggest annual shopping seasons that begins in earnest next month.

A trade union on Monday warned of more strikes at the UK's largest container port if pay demands are not met, threatening to cause further disruptions to the supply chain.

Most markets rose Tuesday but investors moved cautiously ahead of US inflation data later in the week.

The UK housing market downturn that started in the 1980s saw prices fall in absolute terms for the first (recorded) time, and this continued until 1994.

Across a range of other sectors, platform cooperatives want to revolutionise industries including transport and delivery by providing workers with fair wages and better conditions.

With the Federal Reserve expected to hike its key interest rate by three-quarters of a percentage point on Wednesday to battle high inflation, focus will shift to how deeply signs of an economic slowdown have registered with its policymakers.

Heatwaves in Europe in 2003 and in western Russia in 2010 killed around 70,000 and 55,000 people respectively.

It should surprise no one that the first big pandemic-era display of worker power was in air travel, according to Sharan Burrow, head of the International Trade Union Confederation.

Britain is set to have the lowest economic growth of any Group of Seven country, projections show.

India's inflation will hold above the top of the central bank's tolerance band for at least the rest of 2022, longer than previously thought, making several more interest rate hikes in coming months all but inevitable, a Reuters poll showed.

Recession worry-warts did not find much to fan their anxiety in Friday's stronger-than-expected U.S.

The euro and sterling rose on Monday against safe-haven currencies, supported by improved global risk sentiment in a quiet trading session due to a holiday in the United States.

British manufacturing firm Corbetts the Galvanizers used to rely on a stream of workers from Poland and Romania to fill its shop floor, where steel is dipped into a long vat of molten zinc at temperatures of around 450?C (842?F).