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UK Employment Falls Slightly In October
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👤Arthur Greene
🕔December 14, 2016
The jobs market stagnated in the three months to October, according to the latest jobs report from the Office for National Statistics, suggesting employers are finally slowing their hiring in the wake of June’s Brexit vote.
The number of people in work fell by 6,000 in October to 31.76 million people, the Office for National Statistics said on Wednesday.…
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👤Arthur Greene
🕔December 8, 2016
In the week ending December 3, the advance figure for seasonally adjusted initial claims was 258,000, a decrease of 10,000 from the previous week’s unrevised level of 268,000. The 4-week moving average was 252,500, an increase of 1,000 from the previous week’s unrevised average of 251,500.…
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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
🕔November 4, 2016
Statistics Canada reported both employment and trade data today. Canada added 43,900 jobs in October, a 0.2 percent increase that beat estimates and pushed the three-month total for employment gains above 130,000 — the largest three-month gain since 2012, though a surge in part-time jobs overshadowed a decline in full-time employment.…
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👤Xinyang
🕔October 19, 2016
News Event
From Trading Economics: UK jobless rate held steady at 4.9 percent for the third straight time in the three months to August of 2016, in line with market expectations. It stood at the lowest level since July to September 2005, as the number of people in work and the number of unemployed people increased, while the number of economically inactive people fell.…
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👤Lisa Harris
🕔October 7, 2016
Canadian employment figures have edged up to a 4 year high in its September release, indicating that a reduction in interest rates may not be necessary to keep the slow recovery from the commodities bust. Statistics Canada stated on Friday in Ottawa that Canadian employment rose by 67,200, the most since April 2012.…
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👤Nurudeen Amedu
🕔September 10, 2016
Canadian employment figures came in stronger than the anticipated increase of 21,600, as it posted a higher growth of 26,200 for the month of August on the trail of a slump of 31,200 in the previous month. There will however be near term uncertainty concerning the underlying labor market trends.…
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👤Xinyang
🕔September 3, 2016
News Event
From Trading Economics: Total nonfarm payroll employment in the United States increased by 151,000 in August of 2016, lower than an upwardly revised 275,000 in July but below market expectations of 180,000. Employment continued to trend up in several service-providing industries while it declined in manufacturing, mining and construction
“The August employment report was not a disaster but it was just weak enough that any chance that Janet Yellen and her band of doves might think about surprising us and raising rates later this month just went out the window,” said Stephen Stanley, chief economist at Amherst Pierpont Securities
Overview of Currencies
USD: The Federal Reserve are most likely to leave their current policy unchanged at their next meeting as inflation data has yet to show the necessary improvement needed to warrant additional hikes.
…
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Taiwan Jobless rate hits 23-month high in July
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👤Xinyang
🕔August 22, 2016
From Trading Economics: The seasonally adjusted unemployment rate in Taiwan was recorded at 3.96 percent in July of 2016, the same as in the previous two months. On an unadjusted basis, the unemployment rate stood at 4.02 percent at 3.92 percent in a month earlier.…
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👤Arthur Greene
🕔August 5, 2016
- Dollar strengthens on NFP release
- Positive vibes for the US Economy
A busy week for global economic reports and releases came to an end with the US Non-Farm Payrolls going above and beyond to reassure investors of the stable health of the US economy as it heavily outpaced market estimates for July with the US Labour Department today reporting that the economy added 255,000 jobs.…
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