Articles by Unemployment
Australian Stock Market Report – Midday January 16, 2015
January 16 2015 2:17 PM
Australian shares are falling for the fifth straight day with the ASX 200 Index down by 0.7 per cent. This takes the falls this week to 3 per cent; making it the worst week since June 2013 for local stocks. This is also only the third time in 12 months the ASX 200 has lost ground from Monday through to Friday.
Australia Adds More Than 37K New Jobs In December And Unemployment Rate Falls—Report
January 16 2015 12:30 PM
Amid concerns about deflation and economic slowdown in some of the countries, Australia is posting gains in job growth.
Australian Stock Market Report – Morning January 16, 2015
January 16 2015 10:07 AM
The Swiss National Bank has removed its 3-year old cap of the franc against the Euro, sending the Swiss franc soaring against major currencies.
Australian Stock Market Report – Afternoon January 15, 2015
January 15 2015 6:48 PM
Local shares extended this week's losses, with the market again held back by heavy falls in the materials sector. A weak lead from Wall Street also weighed on investor sentiment. Overnight markets sold off on weak metal prices, US retail sales for December coming in weaker than expected and poor earnings results from large cap banking stocks.
Australian Stock Market Report – Midday January 15, 2015
January 15 2015 2:14 PM
Australian shares are sliding for the fourth day despite the creation of seven times more jobs than expected in December. The ASX 200 Index is down 0.6 per cent following falls in US markets overnight and weaker base metal prices.
Alberta Possibly Headed For Recession With Plunging Oil Prices, BoC Says Prices Could Go Lower, 'Bad For Canada'
January 15 2015 1:14 PM
The continued fall of prices of crude oil will have a ripple effect in Canada’s provincial and national economies.
Bank Loans For Australian Businesses At All Time High
January 15 2015 12:15 PM
The strategy revived business confidence unlike other economies that are still struggling with recessionary trends.
Australian Dollar Outlook – January 15, 2015
January 15 2015 10:31 AM
Weaker US retail sales helped reverse attempts to drive AUD/USD lower on the back of falling copper prices.
Australian Stock Market Report – Morning January 15, 2015
January 15 2015 10:15 AM
In US economic data, retail sales fell by 0.9% in December, well below expectations for a 0.1% fall. Excluding gas stations and autos, sales were down 0.3%. Import prices fell by 2.5% in December and export prices fell by 1.2%.
Australian Dollar Outlook – January 12, 2015
January 12 2015 11:41 AM
The Australian Dollar has opened around the .8200 level as US non-farm payroll numbers were better than expected but wage growth disappointed.
Australian Stock Market Report – Morning January 12, 2015
January 12 2015 9:59 AM
In US economic data, non-farm payrolls (employment) rose by 252,000 in December, ahead of forecasts for a gain of 240,000. The unemployment rate fell from 5.8% to 5.6%. And average earnings fell by 0.2%, short of forecasts for a 0.2% gain. And wholesale sales fell 0.3% in November with inventories up 0.8%.
Australian Stock Market Report – Morning January 9, 2015
January 09 2015 10:42 AM
In US economic data, new claims for unemployment insurance (jobless claims) fell by 4,000 in the latest week to 294,000. And the number of announced job layoffs (Challenger survey) fell from 35,940 to 32,640 in December.
Australian Stock Market Report – Midday January 8, 2015
January 08 2015 2:57 PM
Australian shares are improving after two days of weakness. The ASX 200 Index is up 0.3 per cent following the first rise in US stocks in six sessions and a firmer oil price.
New Zealand's Economic Expansion Wider in 2015
January 06 2015 9:35 PM
New Zealand's economy is expected to grow in 2015 as it is buoyed by strong migration, low unemployment rates, stable salary growth and a strong New Zealand dollar.
Australian Stock Market Report – Afternoon January 5, 2015
January 05 2015 7:35 PM
Australian shares rose in the final 20 minutes of trade to end 0.3 per cent firmer in what was a choppy session. The ASX 200 Index was up by as much as 0.6 per cent at one stage today and was down by a little more than 0.1 per cent at its worst. Despite all holidays being behind us for major sharemarkets - volume is likely to remain light over the next fortnight.
Australian Stock Market Report – Morning January 2, 2015
January 02 2015 10:09 AM
Most global financial markets were closed on Thursday for the New Years Day holiday.
Global Markets Overview – December 30, 2014
December 30 2014 10:26 AM
The main headline from overnight trade was Greece's failure to elect presidential nominee Stavros Dimas in its final attempt. After two failed attempts, yesterday was parliament's last chance to elect him as president before being forced into an early election. Having failed yet again, the country will be headed back to the polls as early as January 25. An election puts all sorts of doubt on the future of the bailout agreement given anti-austerity party Syriza is currently leading the poll...
Australian Stock Market Report – Midday December 29, 2014
December 29 2014 4:10 PM
Australian shares are kicking off the holiday shortened trading week firmer, with the ASX 200 Index up 0.8 per cent. This is the first session of trade since last Wednesday and historically the next few weeks are usually quiet for local stocks.
Australian Stock Market Report – Morning December 29, 2014
December 29 2014 9:58 AM
In US economic data released on Christmas Eve, initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted level of 280,000, their fourth straight week of declines, and below the forecast of 290,000.
Treasurer Hockey Forecasts Australian Unemployment Rate To Hit 12-Year High Of 6.5% In 2015
December 23 2014 10:05 AM
In his Sunday announcement of Cabinet reshuffle, Prime Minister Tony Abbott said the changes are geared towards making the jobs and families a top priority in the coming year, 2015.