Unemployment
Spanish Economy Minister: I see no impact on the market of instability in Catalonia
Luis de Guindos, the Spanish Minister of Economy, made the following statement:
- The companies leave Catalonia due to high taxes.
British unemployment is falling to its lowest levels and fails to spur wages to rise
13 Sep 2017 11:58 AM |British unemployment fell to lowest level is 42 years of 4.3% in the three-month to July, it is the lowest reading since 1975, from a previous 4.4%. Employment levels rose by 181,000 jobs in the last three months to 32.1 million, the strongest since the last quarter of 2015, with employment rate rising to new record highs of 75.3%.
The Canadian economy adds jobs for the 13th month in a row in August
8 Sep 2017 04:29 PM |Canadian jobs rose by 22.2 thousand jobs in August, slightly stronger than expectations for a mere 19,000 jobs, following the addition of 10.9 thousand jobs in July.
Weidmann: Uncertainty about the path of inflation behind the ECB's decision to wait
8 Sep 2017 02:28 PM |Jens Weidmann, Governor of the Bundesbank and member of the Board of Governors of the ECB, said:
- The slowdown in inflation and uncertainty about the path of inflation was behind the ECB's decision yesterday to wait and assess the monetary policy
- The ECB proposes extending the maturity of Euro zone bonds if the issuing country has applied for rescue money
Australian labor market data outperform expectations, despite a decline in full-time jobs
17 Aug 2017 01:57 PM |Labor market data continued to improve in July, with job numbers rising for the fifth consecutive month, yet most of these jobs were part-time, echoing earlier fears of a slump in the labor market. In July, the economy added 27.9 K jobs, compared to expectations of 19.8 K, while the June reading was revised higher to 20,000 jobs.
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