Container freight rates hit 3x last year's level
Kia ora,Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.Today we lead with news some think the first signs of a labour market in the US are showing.Initial American actual jobless claims "jumped" last week to +235,000, above the expected +225,000 and to the highest level since August 2023. This may be the early signs that their labour market is softening somewhat, although there are only just over 1.7 mln people on these benefits, little-changed from a…
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