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'There are three good reasons why interest rates won't be going up just yet'

'Unemployment isn't a good thermometer for the economy: Three good reasons why interest rates won't be going up just yet'Falling unemployment is great news for the economy, but interest rates won’t be going up just yet, writes Jeremy Cook, chief economist at currency exchange specialistToday’s release of the latest unemployment data has seen the overall joblessness level fall to its lowest point since...
Source : dailymail |
Category : Business

CarWale comparison: Skoda Octavia vs Skoda Laura

the timeless car battle of ‘in with the new and out with old’, well globally at least this is the case for the. We are getting the new Octavia on 3 October and unlike the rest of the world Skoda might actually sell both the cars alongside each other for a while. This has given us a reason to pit the Laura (globally known as the second generation Octavia) against the all-new Octavia and give you an...
Source : Carwale |
Category : Automobile

Rajnath Singh criticises Congress for rising poverty, unemployment

Bharatiya Janata Party (BJP) president Rajnath Singh criticised the Congress party on Wednesday for the unprecedented growth in the level of poverty and unemployment.Addressing a rally in Madhya Pradesh's Khandwa District, Singh said: "The ruling Congress government and the family within the Congress party, which has remained in power for long, is the main reason behind the rising poverty and unem...
Source : DNA |
Category : Others | City : Mumbai

Growth 'below trend'

economy has grown slightly more than expected in the past year, but not enough to stop unemployment rising.Figures released on Wednesday showed an annual growth rate of 2.6 per cent, slightly above analyst predictions of 2.4 per cent. It confirmed the economy has been growing at a "below trend" pace for the past year (trend growth is 3 per cent).It is the main reason why the unemployment rate has crept...
Source : Sydney Morning Herald |
Category : Business

Low participation masking jobs weakness

reason the unemployment rate has only crept higher is evidence that the labour market is in worse shape than it appears to be.In early 2008, the unemployment rate fell as low as 4.0 per cent, a level not seen since 1974, and was still there in August of that year.But it would have risen much more if the proportion of the working-age population - 15 years and over - active in the labour market had stayed...
Source : Sydney Morning Herald |
Category : International

Job cuts expected at state unemployment agency

plans to begin cutting staff to address declining funding from the federal unemployment insurance program, state officials told employees.A memo sent to employees said the department expects a $150 million shortfall through June 15,Ongoing underfunding in the federal unemployment insurance program and congressional budget cuts were listed as the main reasons for the move. That includes about $30 million...
Source : News Times |
Category : Business

Job gain despite winter blast lifts economic hopes

Those disruptions have hampered growth but haven't derailed it.Though the unemployment rate rose to 6.7 percent from a five-year low of 6.6 percent, it did so for an encouraging reason: More people grew optimistic about their job prospects and began seeking work. The unemployment rate rose because some didn't immediately find jobs.suggested that a long-hoped-for acceleration in growth and hiring still...
Source : News Times |
Category : Business | City : National

Blast of winter weather can't faze US employers

But those disruptions have not derailed growth.Though the unemployment rate rose to 6.7 percent from a five-year low of 6.6 percent, it did so for an encouraging reason: More people began seeking work. The unemployment rate ticked up because most did not immediately find jobs.suggested that a long-hoped-for acceleration in growth and hiring still has not occurred. But that might not be all bad: Households...
Source : News Times |
Category : Business | City : National

Indians make most use of business trips: Survey

travellers splurge the most during business trips when compared globally, a recent travel...
Source : Webindia123 |
Category : Headlines