The jobless rate in Australia came in at a seasonally adjusted 5.8 percent in December, the Australian Bureau of Statistics said on Thursday.
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This is a discussion on The News / Hottest Related within the Related Markets forums, part of the Non-Related Discussion category; The jobless rate in Australia came in at a seasonally adjusted 5.8 percent in December, the Australian Bureau of Statistics ...
The European Central Bank must give up its expansionary stance as soon as euro area inflation moves closer to its 2 percent target as the favorable effects of the stimulus measures are fading fast, but as of now low interest rates are set to remain for some time more, Bundesbank Executive Board member Andreas Dombret said Wednesday.
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The unemployment rate in New Zealand came in at a seasonally adjusted 5.2 percent in the fourth quarter of 2016, Statistics New Zealand said on Wednesday - exceeding expectations for 6.1 percent, which would have been unchanged from the three months prior.
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Employment in the U.S. increased by more than anticipated in the month of January, according to a report released by the Labor Department on Friday.The report said non-farm payroll employment jumped by 227,000 jobs in January after climbing by a revised 157,000 jobs in December.
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Eurozone growth is set to slow less this year than expected earlier, as the economy has shown strong resilience to the negative shock from 'Brexit' last year, a report from the European Commission said Monday. However, the outlook faces a higher-than-usual degree of uncertainty as the U.K. formally triggers its exit from the European Union and the new US President Donald Trump tries to implement his protectionist plans.
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UK retail sales declined unexpectedly at the start of the year as consumers curbed their spending in response to rising inflation. Retail sales including automotive fuel dropped 0.3 percent month-on-month in January, following a 2.1 percent fall in December, data from the Office for National Statistics showed Friday.
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The UK economy expanded more than initially estimated in the fourth quarter of 2016 on manufacturing activity, but the overall growth for the year slowed down due to weak stock-building. Gross domestic product advanced 0.7 percent sequentially in the fourth quarter, slightly faster than the 0.6 percent growth estimated on January 26.
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After reporting an unexpected drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Monday showing a rebound in durable goods orders in the month of January.
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