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Showing 451 - 460 of 513 results for "Jobless"

Global recession coming?

BENJAMIN ONG  |  FRIDAY, 26 SEP 2008
... prices have yet to find a floor. Rising unemployment would not help either. The US labour market is in recession. Initial jobless claims rose to 461,000 in the week ending 20 September. This is the highest level since September 2001. Likewise, continuing ...

Funny Mae, Froggy Mac

BENJAMIN ONG  |  TUESDAY, 9 SEP 2008
... economy. Even if mortgage rates where to fall in half, this would not give any relief to anyone without employment. The US jobless rate has now risen to 6.1 per cent -the highest since September 2003. Soon some Americans will also become NINJAs.

Market Wrap - Midday

AAP  |  FRIDAY, 5 SEP 2008
... $16.33. Westpac takeover target St George slipped 90 cents to $30.32. Stocks in the US slumped on data showing higher jobless claims in the past week and more losses in private-sector employment and reports which showed most retailers had weak sales ...

US payrolls jitters

BENJAMIN ONG  |  FRIDAY, 5 SEP 2008
... equities. Concerns over the global economy re-emerged after the US Labor Department's report of a worse-than-expected initial jobless claims led to speculation that tomorrow's US payrolls report could be weaker-than-expected. Jobless claims rose to 444,000 ...

Market Wrap - Morning

AAP  |  FRIDAY, 5 SEP 2008
... and the broad-market Standard & Poor's 500 index shed 38.15 points, or 2.99 percent, to 1,236.83. Data showing higher jobless claims in the past week and more losses in private-sector employment weighed on sentiment, as did a mixed batch of monthly sales ...

Market Wrap - Morning

AAP  |  FRIDAY, 29 AUG 2008
... stocks have ended the day sharply higher after a better-than-expected reading on the gross domestic product and a drop in jobless claims gave investors some reassurance that the economy is holding up. The Dow Jones Industrial Average gained 212.67 points ...

Capex & Credit at the forefront

BENJAMIN ONG  |  SUNDAY, 24 AUG 2008
... remain fairly strong given indications from recent surveys showing labour shortages and that firms are still hiring. The jobless rate is expected to remain at 4.1 per cent in July. Other data out of Japan this week are updates on industrial production ...

Nothing new

BENJAMIN ONG  |  FRIDAY, 15 AUG 2008
... prices going forward. And speaking of further economic growth weakness, the US labour market continue to soften. Initial jobless claims were estimated to be 450,000 in the week ending 9 August. This is more than market forecasts of 435,000 and takes ...

Eyes on the labour market

BENJAMIN ONG  |  THURSDAY, 7 AUG 2008
... rate to rise to 4.3 percent. This forecast represents a softening from June's 29.8K gain in employment and 4.2 percent jobless rate and follows the latest string of weak economic indicators. Negative news on retail sales, consumer sentiment and housing ...

Market wrap - midday

AAP  |  FRIDAY, 1 AUG 2008
... at bank and insurer Suncorp Metway Ltd. US stocks slipped 1.8 per cent on weak readings on economic growth and rising jobless claims. At 1200 AEST, the benchmark S&P/ASX200 index was down 66.5 points, or 1.34 per cent, to 4910.3 while the broader All ...