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Showing 231 - 240 of 513 results for "Jobless"

Not ugly enough

BENJAMIN ONG  |  MONDAY, 9 JUL 2012
... employment growth in the last four months is far below the 250K needed to bring down the unemployment rate - reason why the jobless rate remained at 8.2% in May and June from 8.1% in April. So here we go again folks -- another reason to keep our heads ...

Waiting on the world

BENJAMIN ONG  |  THURSDAY, 5 JUL 2012
... Only 5.1% of us are unemployed (full employment if you ask me). Remember the last Australian recession? That time, the jobless rate went from 5.8% (December 1989) to 11.1% (July 1992) and didn't fall below double digits until May 1994 - long after the ...

Good one day, no good the next

BENJAMIN ONG  |  FRIDAY, 29 JUN 2012
"U.S. stocks fell, snapping a two-day rally in the Standard & Poor's 500 Index, after jobless-claims data fueled concern over the economy..." (Bloomberg) Ah, so grasshoppuh, America is good one day, no good the next. No sensei, just another dose of ...

Fundamentally challenged

BENJAMIN ONG  |  FRIDAY, 22 JUN 2012
... This time markets behaved "rationally" in line with indications served up by overnight data releases. The laundry list: Jobless claims dip by only 2,000 to 387K last week, disappointing expectations (for the seventh consecutive week) for a 380K print. ...

Fed twists again like it did last summer

BENJAMIN ONG  |  THURSDAY, 21 JUN 2012
Is this all we get? No, QE? Just an extension of what we've seen over the past year? Not happy Ben. Wall Street's disappointment became evident as soon as the US Federal Reserve's decision hit the screens shortly after midday NY time -- the Dow dropped ...

Market Wrap

AAP  |  FRIDAY, 15 JUN 2012
... cent) to 1,329.10, while the tech-heavy Nasdaq Composite added 17.72 (0.63 per cent) to 2,836.33. A rise in weekly initial jobless claims and a fall in monthly consumer prices in May for the first time in two years underpinned fresh signs of weakness ...

Market Wrap

AAP  |  FRIDAY, 1 JUN 2012
... first quarter economic growth from 2.2 per cent to 1.9 per cent. US jobs data was also disappointing, with first-time jobless claims rising to an unexpected 383,000 (seasonally adjusted) - a five-week high. Continuing worries over Europe's debt crisis ...

Down and out in May

BENJAMIN ONG  |  FRIDAY, 1 JUN 2012
... more than three years. The ADP report showed that private sector jobs rose by a less than expected 133,000 in May. Weekly jobless claims increased by 10 grand last week. The Institute for Supply Management-Chicago index fell to 52.7 in May - the lowest ...

Market Wrap

AAP  |  FRIDAY, 11 MAY 2012
... expectations that another cut to interest rates will be forthcoming despite the stronger jobs figures. Australia's monthly jobless rate unexpectedly dropped to 4.9 per cent in April, when economists had expected it to rise to 5.3 per cent, up from 5.2 ...

Bumps along the way

BENJAMIN ONG  |  MONDAY, 7 MAY 2012
... jobs numbers from a broader perspective, it's half filled. The US economy has made good strides in whittling down the jobless rate from a 26-year high of 10% back in October 2009 to 8.1% last month. In addition, the April count made it the 19th straight ...