The U.S Economy Sheds Much Less than Expected Jobs and Unemployment Peaks at 9.4 Percent!
The U.S Economy Sheds Much Less than Expected Jobs and Unemployment Peaks at 9.4 Percent!
Surprising indeed was the final revelation and the labor market had something else to say to all analysts and investors as the nonfarm payrolls testified that the recession is easing and the pace of layoffs has slowed as the worst has […]
ADP Reports Economy Loses Another 532,000 Jobs
ADP Reports Economy Loses Another 532,000 Jobs
ADP Non-Farm Employment (May) Actual -532K, Expected -525k, Previous -545k
Release Explanation: This is a private report issued by Applied Data Processing, a major supplier of payroll services to 100’s of businesses. The report estimates change in the number of employed people during the previous month, excluding the farming […]
Australia’s Economy Unexpectedly Expands
Australia’s Economy Unexpectedly Expands
Australian GDP Actual 0.4%, Expected -0.1%, Previous -0.5%
Release Explanation: The Gross Domestic Product is a comprehensive measure of Australia’s overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. GDP announcements generally conform to expectations as the number comes out after most […]