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👤Nurudeen Amedu
🕔October 6, 2016
There was a surprising drop in the number of Americans filing for unemployment benefits last week as the figures almost reached a 43 year low, this implied a sense of stability in the US labor market which might lead to a higher chance of an interest rate hike by the Federal Reserve before the end of 2016.…
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👤Nurudeen Amedu
🕔September 15, 2016
The Australian unemployment rate dropped to its lowest reading in 3 years in figures posted for the month of August, strengthening the case for an Australian interest rate cut in the coming months with the weakness shown by the country’s job market.…
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👤Xinyang
🕔September 15, 2016
News Event
From Trading Economics: Australia’s seasonally adjusted unemployment rate unexpectedly fell to 5.6 percent in August of 2016 from 5.7 percent in July and below market consensus of 5.7 percent. It was the lowest jobless rate since July 2013 as the economy lost 3,900 jobs and the number of unemployed decreased by 10,500.…
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Asian Session Makes Gains on Monday as Focus Draws Away from USA
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👤Isaac Ndegwa
🕔September 5, 2016
The Asian session on Monday saw shares rally with optimism drifting back to the Asian economies as the US jobs report meant less optimism in the economy. There is a slight dip in optimism as investors are expected to relax their expectations on the Federal Reserve’s moves to hike interest rates, with earlier expectations suggesting the rates would rise as early as September.…
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More Jobs Less Spending for Japan
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👤Nurudeen Amedu
🕔August 30, 2016
Unemployment rate in the Japanese economy fell sharply in July, as household spending followed in its tracks falling for the fifth straight month, this reflects a confused atmosphere for an economy that has faltered in recent times. “The national unemployment rate was edged down to 3% in July from 3.1% in the previous month,” the National Statistics Bureau reported Tuesday.…
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👤Xinyang
🕔August 30, 2016
News Event
From Trading Economics: The seasonally adjusted jobless rate in Japan stood at 3.0 percent in July of 2016, down from 3.1 percent in June. It was the lowest jobless rate since May 1995, while market expected 3.1 percent. The jobs-to-applicants ratio came in at 1.37 in July, unchanged from the previous month and slightly below consensus.…
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UK Unemployment Claimant Change Decreased in July
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👤Xinyang
🕔August 17, 2016
The number of people claiming unemployment benefits in the UK decreased by 8.6 thousand in July 2016, following an upwardly revised 0.9 thousand gain in the previous month. It was the first fall since February while markets were expecting a 10 thousand rise.…
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Euro Unemployment rate at 5 year low
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👤Xinyang
🕔July 31, 2016
The seasonally adjusted unemployment rate in the Euro Area came in at 10.1 percent in June 2016 unchanged from the May rate and down from 11 percent a year earlier. It is also the lowest level since July 2011. Among the Member States, the lowest unemployment rates were recorded in Malta (4 percent), Czech Republic (4.1 percent) and Germany (4.2 percent); while the highest unemployment rates were observed in Greece (23.3 percent in April 2016) and Spain (19.9 percent).…
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