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18th of July 2011
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News Tag: rate

July 8, 2011

US unemployment rate edges up to 9.2%

by Kay Mitchell
”US
The Bureau of Labor Statistics has today revealed the unemployment rate in the US rose in June to 9.2% from 9.1% in May. According to the Bureau, the number of new jobs created in the world’s largest economy last month represented the lowest in 9 months. The economy created just 18,000 jobs in June – lower than forecasts of a 90,000 rise ...




June 15, 2011

UK unemployment rate holds steady at 7.7%

by Kay Mitchell
”UK
The Office for National Statistics (ONS) has today revealed UK unemployment fell further in the three months to April. The ONS said unemployment fell by 88,000 in the three month period to 2.430 million – the biggest fall since August 2000. The latest figures means the unemployment rate remained flat at 7.7%. However, the number of Britons claiming jobseeker’s allowance (JSA) ...




June 3, 2011

US unemployment rate up to 9.1%

by Kay Mitchell
”US
The Labor Department has today revealed the unemployment rate in the US unexpectedly rose in May to 9.1%, up from 9% in April. Despite the rise in the jobless rate, it was the eighth consecutive month of positive employment growth. The economy created 54,000 jobs in the month – however, this was far less than the 150,000 expected by analysts. The private sector created ...




April 7, 2011

Australia’s jobless rate falls to 4.9%

by Kay Mitchell
”Australia’s
Figures today revealed Australia’s unemployment rate fell to 4.9% in March - the lowest level since December 2008. The drop comes despite the recent flooding and cyclones which has affected farming and mining and is likely to impact negatively on economic growth. According to the Australian Bureau of Statistics, the economy created 37,800 jobs in March - much better than analysts had forecast. In ...




April 4, 2011

Spanish unemployment continues to climb

by Kay Mitchell
Spanish unemployment continues to climb
Figures have today revealed the unemployment rate in Spain rose to 20.5% - twice the euro zone average. According to the Ministry of Labour, there are now 4.33 million people out of work - the highest since 1996. Meanwhile, the benefit claimant count rose by 34,406 people. Spain currently has the highest unemployment rate in the industrialised world. The country has been hit by ...




April 1, 2011

US unemployment rate drops further to 8.8%

by Kay Mitchell
”US
The Labor Department has today revealed the unemployment rate in the US has fallen again from 8.9% in February to 8.8% in March - a two-year low. It represents the fourth consecutive month that the rate has fallen with the economy creating 216,000 jobs in the month – far better than expectations. The private sector continued to lead the way ...




Euro zone unemployment rate drops below 10%

by Kay Mitchell
’Euro
The European Union’s statistics agency has today announced the unemployment rate in the 17-member euro zone fell below the 10% mark in February. According to Eurostat, 77,000 fewer people were out of work taking the rate to 9.9%. The jobless rate has been hovering around the 10% mark since last July and hit a record 10.1% in October. Meanwhile, unemployment remains ...




March 29, 2011

Japanese unemployment rate falls in February

by Kay Mitchell
”Japanese
Figures today revealed an unexpected fall in Japan’s unemployment rate. The Ministry of Internal Affairs and Communications said the unemployment rate fell to 4.6% in February - a two-year low and down from January’s rate of 4.9%. Analysts had expected the rate to remain unchanged. The number of jobless people currently stands at 3 million - down 240,000 from a year earlier. Meanwhile, separate figures ...




March 16, 2011

UK unemployment rate rises to 8%

by Kay Mitchell
”UK
The Office for National Statistics (ONS) has today revealed UK unemployment rose in the three months to January. The ONS said unemployment grew by 27,000 in the three month period to 2.529 million. The latest figures means the unemployment rate has risen from 7.9% in January to 8% in February - a 10-month high. In the meantime, the number of Britons claiming jobseeker’s ...




March 9, 2011

Final salary pension scheme closures on the up

by Kay Mitchell
Final salary pension scheme closures on the up
According to the National Association of Pension Funds (NAPF), final salary pension scheme closures are on the increase. These types of schemes are becoming significantly more expensive to operate and costs are likely to rise. As a result, the rate of decline appears to be picking up, said the NAPF. The Association said 17% of schemes in 2010 were closed completely, ...




March 4, 2011

US unemployment rate drops further to 8.9%

by Kay Mitchell
”US
The Labor Department has today revealed the unemployment rate in the US has fallen again from 9% in January to 8.9% in February. It represents the third consecutive month that the rate has fallen with the economy creating 192,000 jobs in the month - far better than expectations. However, the total number of unemployed people is currently at 13.7 million - ...




February 16, 2011

UK unemployment rate remains unchanged at 7.9%

by Kay Mitchell
”UK
The Office for National Statistics (ONS) has today revealed UK unemployment rose in the three months to December. The ONS said unemployment grew by 44,000 in the three month period to 2.49 million. The latest figures means the unemployment rate is unchanged from last month at 7.9% – in line with forecasts. In the meantime, the number of Britons claiming jobseeker’s allowance ...




February 11, 2011

Spanish economic growth edges higher in Q4

by Kay Mitchell
”Spanish
Provisional estimates have revealed Spain’s economy grew 0.2% in the fourth quarter of 2010. However, the economy contracted 0.1% during 2010, the National Statistics Institute (INE) said today. The news is a further blow to the economy which has the highest unemployment rate in the industrialised world - at more than 20%. The country has been hit by a severe slump within its ...




February 10, 2011

Australia’s unemployment rate holds steady at 5%

by Kay Mitchell
”Australia’s
Figures today revealed Australia’s unemployment rate held steady at the 5% mark in January - despite the recent flooding which has affected farming and mining. According to the Australian Bureau of Statistics, the economy created 24,000 jobs in January. The Bureau comments: "Due to flooding in Queensland, operational difficulties were experienced in conducting the Labour Force Survey in January 2011. "There was ...




February 1, 2011

Euro zone unemployment rate remains unchanged at 10%

by Kay Mitchell
”Euro
The European Union’s statistics agency has today announced the unemployment rate in the 17-member euro zone remained stuck at 10% in December. According to Eurostat, 15.7 million people were unemployed in the euro zone during the month. Unemployment remains high in Spain - at above the 20% mark - but continues to fall in Germany, Finland and the Netherlands. Figures today ...




Taiwan economy expands 10.47% in 2010

by Kay Mitchell
Taiwan economy expands 10.47% in 2010
According to estimates, Taiwan's economy expanded at a rate of 10.47% in the 2010 year - the fastest pace in more than two decades. The Directorate General of Budget, Accounting and Statistics (DGBAS) said the growth was the best performance since 1987. However, the Statistics office warned that the figure for the next 12 months will slow considerably due to the slow recovery ...




January 28, 2011

Spanish unemployment rate back above 20%

by Kay Mitchell
”Spanish
The national statistics institute INE today announced the unemployment rate in Spain is at the highest level since the second quarter of 1997. Spain, which has the highest unemployment rate in the EU, has been hit by a severe slump within its key construction industry, which has led to a significant amount of job losses. Figures today revealed there were 4.697 million ...




January 24, 2011

Survey reveals VAT hike will hurt SMEs

by Kay Mitchell
”Survey
A survey by Aldermore, the banking group, has revealed the recent VAT hike will hurt small and medium sized enterprises (SMEs). According to the survey, around 35% of Britain's SMEs said the new rate, from 17.5% to 20%, will put a strain on their cash flow and they will need extra funding to cope with the rise. Aldermore chief executive Philip Monks ...




January 19, 2011

UK unemployment rate remains unchanged at 7.9%

by Kay Mitchell
”UK
The Office for National Statistics (ONS) has today revealed UK unemployment rose in the three months to November. The ONS said unemployment grew by 49,000 in the three month period to 2.498 million. The latest figures means the unemployment rate is unchanged from last month at 7.9% - in line with forecasts. In the meantime, the number of Britons claiming jobseeker’s allowance ...




January 11, 2011

Unemployment in OECD countries holds steady at 8.6%

by Kay Mitchell
”Unemployment
Influential think tank, the Organisation for Economic Co-operation and Development (OECD), has today reported the number of unemployed in the 33-member OECD countries stood at 45.8 million in November. The figure was down 0.3 million from November 2009 but almost 16 million higher than in November 2007. The unemployment rate held steady at 8.6% in November, said the Organisation. However, Germany, which ...




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