jobloss

Swiss Watchmakers Urge SNB to Act on Franc Amid Export Slump

4 months ago

Swiss watchmakers have appealed to the Swiss National Bank (SNB) to intervene to stabilize the Swiss franc's exchange rate. This call comes in response to significant declines in export volumes that the industry has been experiencing in recent months. Watch companies express heightened concerns over the strengthening of the franc, which makes Swiss watches less competitive in international markets.

Job Loss Expectations Hit Record High in New York

5 months ago

According to the latest study conducted by the New York Federal Reserve, the level of concern over job loss among Americans has reached record highs. In this August 2024 survey, around 14% of respondents expressed worry about the likelihood of losing their job in the coming months. The data shows that this figure has significantly increased compared to similar surveys in previous years.