What’s Going On Here? With Germany’s unemployment rate unexpectedly falling in November, the country might now dig its heels in more than ever against the European Central Bank (ECB). What Does This Mean? The ECB has long been calling for Germany to boost its economy through extra public spending, but positive unemployment data might give the country’s…
Tag: unemployment
Ep 65: A Jobbing Economy
What’s Going On Here? US economy added 136,000 jobs in September; While that was fewer than economists predicted, the country’s unemployment rate also fell to 3.5%: a 50-year low. What Does This Mean? Investors largely ignored the disappointing job additions – perhaps because the official estimates for job growth in previous months were simultaneously increased; those that were added…
Ep 20: America Halves The Dream
What’s Going On Here? Friday’s jobs report showed that the US added just 75,000 jobs in May – less than half the number expected. What Does This Mean? For sectors The healthcare sector nursed 16,000 new jobs; Professional and business services (like lawyers and researchers) added 33,000; Jobs in retail, manufacturing, and working for Uncle Sam didn’t grow by much; Nor…
with HT 