Australian jobless rate rises in June

Note: This section contains information in English only.
Source: The Age
The Australian Bureau of Statistics posted new data regarding the labor force on Thursday, July 12. It says that 27 000 job places were cut in July. This action most likely will rise unemployment level from 5.1% to 5.2%. Full-time workers were the main target for eliminating. In June 2012 was the biggest cut of full-time employees since November 2011 amounting to 33 500 position. Although, the lost was aligned due to modest increase in part-time positions.
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Thu, 12 Jul 2012 08:21:00 GMT

Peugeot Citroen intends to leave 8,000 people jobless

As last week, it was reported that the sales of Peugeot decreased by 13% and overall, the company is experiencing losses, it was decided to close down the most unprofitable plants in France. This means that around 8,000 workers will lose their jobs. However, the company added that they will help and support these workers in finding a new place

Thu, 12 Jul 2012 07:58:58 GMT

Japan's 10-year interest rate reached record low

Japan's ten-year government bond interest rate has recorded the lowest value since 2003 of 0.77% as the asset-purchase budget increased to 45 trillion Yen by the Bank of Japan. The five-year yields also decreased in value, reaching 0.175% going down by one basis point.

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