The Australian dollar has pushed above 103 US cents on news of improvements in the US jobs market. At 6.30am AEST the currency was trading at 103.15 US cents, up half a cent from 102.54 US cents on Friday afternoon. The Australian ...
Tags: Australian Dollar, US Jobs Data
On April 30, Eurostat, the Statistical Office of the European Communities, reported that in March this year the seasonally adjusted unemployment rate in the European Union member states (EU-27) was 10.9 percent, unchanged from February. The ...
Tags: Mineral, EU-27 Unemployment
High unemployment and the continued slowdown in economic growth in the Southern European crisis countries in particular is still hampering economic development in the European Union (EU). While the countries moving towards recovery are ...
Tags: GFK Consumer Climate, unemployment
The unemployment rate for people at the heart of many tech innovations -- electrical engineers -- rose sharply in the first quarter of this year for reasons that aren't clear. The number of electrical engineering jobs declined by 40,000 ...
Australians are demonstrating a less cautious approach to spending money, with more consumers planning to use their credit cards this quarter, while savings will be less of a focus. The Dun and Bradstreet Consumer Credit Expectations ...
Tags: economy
The employment rate of the 34 Organization for Economic Co-operation and Development (OECD) member countries was 65.1 percent in the fourth quarter of 2012, up 0.1 percentage points compared to the previous quarter and 0.2 percentage points ...
The dollar has pushed higher, helped along by continued strength on sharemarkets. At 5pm AEST today, the Aussie was at $US1.0556, up from $US1.0521 yesterday. OzForex chief currency strategist Jim Vrondas said the local currency ...
Tags: Dollar, Sharemarket Strength
Coming off a better than expected month in February, retail sales were somewhat lackluster in March, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported ...
Tags: retail sales, retail, Manufacturing
THE sharemarket has bounced back to close above the key 5000 point mark for the first time in a month amid hopes that local interest rates will fall. At the close today, the benchmark S&P/ASX200 index was up 39.1 points, or 0.79 per cent, ...
Tags: economy
THE Australian share market is trading higher, boosted by a solid performance from US markets and expectations interest rates may fall following disappointing local jobs figures. The local bourse was buoyed by stronger markets on Wall ...
THE dollar hit a fresh 10-week high following gains on US sharemarkets, but lost some ground after disappointing jobs figures. At 5pm AEST, the currency was trading at $US1.0521, up US0.12c. It had earlier climbed to $US1.0551, its ...
Tags: economy
In February this year, the unemployment rate of the 34 Organisation for Economic Co-operation and Development (OECD) member countries decreased to eight percent, compared to the 8.1 percent recorded in the previous month, according to new ...
Tags: Unemployment Rate
There are more IT managers working today than two years ago, but their unemployment rate is rising as well. It's a paradox of government data, but there are theories for the apparent discrepancy. The government reported that the ...
Tags: Computer Products, IT
The Australian dollar was lower yesterday after worldwide confidence was dented by news on Friday of weaker than expected employment growth in the US last month. At 5pm, the dollar was buying $US1.0379, down US0.36c. The US jobs report ...
Tags: Aussie Dollar, Dollar
The Australian dollar was lower today after world-wide confidence was dented by news on Friday of weaker-than-expected employment growth in the US in March. The Australian dollar was trading at $US1.0373 in late afternoon trading compared ...
Tags: Australian dollar, dollar