- Wednesday, 15 March 2017
- News
UK wage growth weakens but jobless rate lowest since 2005
Inflation gnawed away at British pay growth in the three months to January, an unpromising sign for the economy ahead of its divorce from the European Union even as the unemployment rate fell to its lowest level since 2005. Pay growth, adjusted for inflation, halved to just 0.7 percent, the lowest since October 2014, which was shortly before inflation plunged to just below zero and made it easier for households to cope with slow pay growth.
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- Friday, 10 March 2017
- News
NFP beats market forecasts
U.S. employers added jobs at an above-average pace for a second month on outsized gains in construction and manufacturing while wage growth picked up, as the labor market continued its steady improvement in the new year. The 235,000 increase followed a 238,000 rise in January that was more than previously estimated, the best back-to-back rise since July, a Labor Department report showed Friday in Washington. The unemployment rate fell to 4.7 percent, and wages grew 2.8 percent from February 2016.
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- Thursday, 16 February 2017
- News
Australian Unemployment Rate fell to 5.7%
According to the ABS, employment rose by 13,500 in seasonally adjusted terms, beating expectations for a gain of 10,000. December’s increase, previously reported as a gain of 13,500, was revised higher to a rise of 16,300. Australian employment now stands just a whisker below 12 million, coming in at 11,998,200 for the month. It has grown by 0.9%, or 103,400 workers, in the past year. Full-time employment now stands at 8,125,700 with part-time employment at 3,872,500.
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- Wednesday, 15 February 2017
- News
UK Unemployment Rate remained at 4.8%
For January 2017 there were 745,000 people claiming unemployment related benefits. This was: 42,400 fewer than for December 2016 and 2,800 more than for a year earlier. The unemployment rate was 4.8%, down from 5.1% for a year earlier. It has not been lower since July to September 2005. The unemployment rate is the proportion of the labour force (those in work plus those unemployed) that were unemployed.
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