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Thursday, 17 March 2016
News

Australian Unemployment unexpectedly fell to 5.8%

Australia's unemployment rate fell from 6 to 5.8% in February because a large number of people gave up looking for work. The Bureau of Statistics estimated that only 300 jobs were added in February, but unemployment still fell because the participation rate dropped. The typical economist forecast in a survey by Bloomberg was for 13,500 jobs to have been created and unemployment to remain steady at 6%. Seasonally adjusted figures point to a 0.2-percentage-point fall in the proportion of the adult population in work or actively looking for it. Read more...
Wednesday, 16 March 2016
News

Unemployment Rate unchanged at 5.1%

For February 2016 there were 716,700 people claiming unemployment related benefits. This was 18,000 fewer than for January 2016 and 102,500 fewer than for a year earlier and also the lowest since April 1975. Analysts were forecasting decrease by 8,800.  Read more...
Friday, 04 March 2016
News

NFP employment up by 242,000, unemployment rate stable

Employers added more workers in February than projected but wages unexpectedly declined, dashing hopes that reduced slack in the labor market was starting to benefit all Americans. The 242,000 gain followed a 172,000 rise in January that was larger than previously estimated, a Labor Department report showed Friday. The jobless rate held at 4.9% as people entered the labor force and found work. Average hourly earnings dropped, the first monthly decline in more than a year.  Read more...
Tuesday, 01 March 2016
News

Eurozone Unemployment Rate at the lowest level since August 2011

The euro area (EA19) seasonally-adjusted unemployment rate was 10.3% in January 2016, down from 10.4% in December 2015, and from 11.3% in January 2015. No change was forecasted. This is the lowest rate recorded in the euro area since August 2011. The EU28 unemployment rate was 8.9% in January 2016, down from 9.0% in December 2015, and from 9.8% in January 2015. This is the lowest rate recorded in the EU28 since May 2009.  Read more...

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