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U.S Non-Farm Payroll Job Rise In November
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👤Arthur Greene
🕔December 4, 2016
U.S. employers hired at a steady clip in November while the unemployment rate fell to the lowest level in nine years, signs of enduring labor market growth that will likely leave Federal Reserve officials on track to raise interest rates later this month.…
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👤Arthur Greene
🕔December 3, 2016
The U.K construction sector expanded further in November with business activity and new orders increasing at the strongest pace in eight months. The construction PMI has widely shown the similar behaviour as the manufacturing and services PMIs. It had declined sharply in July and then recovered quite strongly.…
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👤Arthur Greene
🕔December 3, 2016
The Canadian economy added 10,700 new jobs last month driving the unemployment rate to 6.8 per cent, but the latest numbers raise questions about the quality of these new jobs.
The rise in employment bucked analysts’ forecasts for a loss of 20,000 jobs after two months of growth and reinforced expectations that the Bank of Canada will keep interest rates unchanged next week and for all of 2017.…
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Switerland GDP Unmoved In Q3
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👤Arthur Greene
🕔December 2, 2016
Gross domestic product was unchanged in the third quarter after expanding 0.6 percent a quarter ago. The economy was forecast to grow 0.3 percent.
The expenditure side breakdown of GDP showed that consumption contributed very little to growth. While investment underpinned growth, net trade had a negative effect.…
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👤Arthur Greene
🕔December 2, 2016
Australian retail sales beat expectations for a third consecutive month in October, an encouraging sign for the economy heading into Christmas.
The retail sales rose at a seasonally adjusted 0.5% to $25.616 billion, following a gain of 0.6% in September that was the fastest in over a year, the national statistics bureau reported Friday.…
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U.S Weekly Initial Unemployment Claims Intensifies
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👤Arthur Greene
🕔December 1, 2016
The number of Americans filing for unemployment benefits rose more than expected last week, hitting their highest level in five months, but the underlying trend remained consistent with a strengthening labor market.
In the week ending November 26, the advance figure for seasonally adjusted initial claims was 268,000, an increase of 17,000 from the previous week’s unrevised level of 251,000.…
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👤Arthur Greene
🕔December 1, 2016
November data pointed to a sustained acceleration in U.S. manufacturing growth, with production volumes and incoming new work both rising at the fastest pace since March 2015. Stronger demand patterns, especially from domestic clients, resulted in greater input buying and increased payroll numbers across the manufacturing sector.…
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👤Arthur Greene
🕔December 1, 2016
Eurozone unemployment rate declined to the lowest in more than eighty- seven months in October, reflecting strong momentum in the labor market despite weak economic growth.
The Eurozone unemployment rate declined to 9.8% for October from a revised 9.9% for September, which was originally reported as 10.0% and was also lower than the consensus forecast of 10.0% for the month.…
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👤Arthur Greene
🕔November 30, 2016
The Organization of Petroleum Exporting Countries (OPEC) has reached a deal among all 14 member countries to curtail oil production for the first time since 2008, the oil-producing cartel announced from its headquarters in Vienna on Wednesday.
OPEC agreed its first oil output cuts since 2008 after Saudi Arabia accepted “a big hit” on its production and dropped its demand on arch-rival Iran to slash output.…
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German Unemployment Falls In November
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👤Arthur Greene
🕔November 30, 2016
German unemployment declined as expected in November, report said citing the Federal Labor Agency on Wednesday. Seasonally-adjusted. The number of people out of work decreased by 5,000 in November from prior month, in line with expectations.
German unemployment declined 5,000 in November following a 13,000 decline the previous month and there has not been an increase in the total for 13 months with a 101,000 decline in unemployment in the last 12 months.…
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