UK Unemployment Rate Drop Gives Hope of Economic Recovery

Note: This section contains information in English only.
Source: The Guardian
The number of unemployed people for January-March decreased to 2.63 million, 45,000 down on the quarter, the Office for National Statistics reported. Thus, the unemployment rate was 8.2 percent of economically active population, by 0.2 percent less than in the previous quarter. This information, however, should be viewed with caution, since there are 1.4 million of part-time workers who did not manage to land a full-time position. Another downside is that annual pay including bonuses grew by just 0.6 percent, much less than the inflation rate of 3.5 percent.

 

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Wed, 16 May 2012 13:46:27 GMT

Facebook Expands IPO to 421.2 Million shares

Facebook increases the share offering by 25% to 421.2M sharesto collect near $16B. At the offering's price of $34-$38 per share Facebook is rushing towards the largest technology IPO in the history.

Wed, 16 May 2012 14:19:28 GMT

Commodities Fall Near 5-Month Low on Greek Fears

The S&P's GSCI Spot Index of commodities dropped by 1.5 percent and reached 626.57 points, the lowest indicator since Dec. 20, as Greek negotiations to form a new government failed after elections on May 6, bolstering speculation about Grexit. Crude oil tumbled to a 6-month low of USD 91.81, copper slid down to USD 7,625, January low, gold futures are

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