Employment in U.S. grows notably in February

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Source: RTT News
U.S. employment accelerated notably above economists' predictions in February as the growth of new jobs pushed down the unemployment rate to its lowest level in four years, the Labor Department reported on Friday. After an improvement of non-farm payroll employment in January by 119,000 jobs, it continued to grow in February by 236,000 jobs compared to a forecast of 171,000 jobs.

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Fri, 08 Mar 2013 16:14:03 GMT

Construction output in U.K. falls at the slower pace in January

British construction sector output declined for the thirteenth successive month in January at a notably slower rate than the month before, the Office for National Statistics reported on Friday. On an annual basis, the construction production dropped 7.9% in January following a 14.5% slip the previous month, while on a monthly basis it decreased 6.3% in January after it contracted

Fri, 08 Mar 2013 15:52:03 GMT

Canadian housing starts rise in February

Canada's housing starts bounced back in the month of February amid a rebound of multi-family starts in Ontario and Quebec, suggesting that the housing market is continuing to moderate in 2013, a data released by the Canada Mortgage and Housing Corporation showed on Friday. The seasonally adjusted annualized rate of housing starts went up from 158,998 in January to February's

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