US companies add 172K new jobs in June

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Source: WBP Online
© Reuters

Fresh figures from the Department of Labor showed on Thursday that private companies in the United States added 172,000 jobs in the sixth month of the year, following the May's reading of 173,000, whereas market analysts predicted private businesses to create 160,000 new jobs in the reported month.

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Thu, 07 Jul 2016 13:52:01 GMT

US initial jobless claims remain below 300K

The Department of Labor said on Thursday that the number of Americans filing for unemployment aid in the week ended July 7 dropped to 254,000, following the previous week's upwardly revised reading of 270,000, while analysts anticipated a slight decrease to 269,000 claims in the reported week. 

Thu, 07 Jul 2016 13:37:02 GMT

UK factory output slides in May

UK manufacturing production contracted 0.5% month-over-month in May, after jumping 2.3% in April. Nevertheless, analysts anticipated a deeper contraction of 1.2%. On an annual basis, the indicator came in at 1.7% in the reported month, surpassing the 0.6% market forecast. Meanwhile, the country's overall industrial production dropped 0.5% on a monthly basis in May, following April's 2.1% and the 1.0%

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