Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 421 - 430 of 513 results for "Jobless"

No fear

BENJAMIN ONG  |  FRIDAY, 3 JUL 2009
... jobs data sinks US stocks'. Yes, they're out in force again today. Lamenting the miniscule 0.1 per cent uptick in the US jobless rate to 9.5 per cent in June instead of rejoicing at the fact that this was 0.2 per cent better than market expectations ...

Market Wrap - Morning

AAP  |  FRIDAY, 3 JUL 2009
... cent. Analysts had expected a smaller number of 365,000 job losses, but a higher unemployment rate of 9.6 per cent. The jobless rate in May was 9.4 per cent. Ahead of a long weekend, the Dow Jones Industrial Average lost 223.32 points, or 2.63 per cent ...

Market Wrap - Morning

AAP  |  FRIDAY, 26 JUN 2009
... - European stock exchanges closed in negative territory, dragged down by data showing that more US workers applied for jobless benefits last week than had been expected. The London FTSE 100 index fell 27.41 points, or 0.64 per cent, to 4,252.57. FRANKFURT ...

Spin-a-win

BENJAMIN ONG  |  FRIDAY, 12 JUN 2009
... attributed to the 3.6 per cent jump in gasoline prices during the month and that discretionary spending remains weak. US jobless claims. Bulls buy on news initial claims fell by 24,000 to a better than expected 601,000 in the week ending 6 June and that ...

Market Wrap - Morning

AAP  |  FRIDAY, 12 JUN 2009
... their strong gains amid renewed attention to Rio Tinto and BHP's proposed iron ore tie up. A smaller than expected drop in jobless numbers also improved investor sentiment. The benchmark S&P/ASX200 index closed up 22.8 points, or 0.57 per cent, to 4047.2 ...

Take your pick

BENJAMIN ONG  |  THURSDAY, 28 MAY 2009
... expecting some 4.5 million workers will be out of a job this year - raising the unemployment rate to 9.8 per cent. The jobless rate is expected to come down only slightly to 9.3 per cent next year. You can also quote from the same NAR report and see ...

Bull market on Wall Street

BENJAMIN ONG  |  FRIDAY, 15 MAY 2009
... improvement could eventuate. This is perhaps why Wall Street ignored last night's report of a worse-than-expected initial jobless claims tally. According to the US Department of Labor, initial claims for unemployment insurance rose to 637,000 in the ...

Pause that refreshes

BENJAMIN ONG  |  THURSDAY, 14 MAY 2009
One for the bears. The pendulum has swung in favour of the 'dead cat bounce' camp as Wall Street clocked its third consecutive day of losses. The S&P 500 fell by 2.7 per cent overnight, taking its total losses over the past three trading sessions to ...

Beware the Budgets

BENJAMIN ONG  |  MONDAY, 11 MAY 2009
... adverse scenario laid down by the examiners. This scenario factored in a 3.3 per cent economic contraction and an average jobless rate of 8.9 per cent this year, rising to an average of 10.3 per cent in 2010. This begs the question of whether this scenario ...

Lies, damned lies and statistics

BENJAMIN ONG  |  FRIDAY, 8 MAY 2009
... statistics is based on samples and are therefore subject to sampling errors. It is possible that the April 5.4 per cent jobless rate was understated as much as the 0.5 per cent jump in March to 5.7 per cent rate was. The real rate must be somewhere in ...