U.S. private sector job growth slows down in April

Source: RTT News
Job growth in the U.S. private sector eased down to the lowest level in seven month in April signing that the U.S. labour market continues to slow down, a report released by the Automatic Data Processing Inc. unveiled on Wednesday. The report showed that private sector employment rose by 119,000 jobs in April after it added 131,000 jobs in the month before.

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Wed, 01 May 2013 15:47:46 GMT

Slovenia's credit rating cut by Moody's

Slovenia's credit rating was downgraded by Moody's Investors Service to ‘junk' on Tuesday bringing up concerns that the country will be the next one asking for a EU bailout. At the same time, Moody's cut the Slovenian government bond rating from Baa2 to Ba1 and set the outlook to ‘negative' amid uncertain funding environment as the nation has problems meeting

Wed, 01 May 2013 15:58:03 GMT

U.K. manufacturing sector activity improves in April

Manufacturing sector activity in the U.K. continued to contract, but the pace of contraction was lower than preliminary estimated in April, as new orders recorded an increase suggesting that the economy might be gathering momentum in the Q2. The manufacturing sector Purchasing Managers Index grew from 48.6 points in March to 49.8 in April.

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