U.K. unemployment rate inches up to 7.2%

Note: This section contains information in English only.
Source: Bloomberg
Unemployment rate in the United Kingdom rose unexpectedly in the last quarter of the year 2013, reaching 7.2% versus 7.1% in September-November. Analysts expected no changes in the indicator. Meanwhile, the total number of claims for unemployment benefits dropped 27,600 in January, which was much more than analysts predicted at 18,300 after a 24,000 decrease in December.
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Wed, 19 Feb 2014 09:58:58 GMT

BoE policymakers vote against rate's increase

All nine policymakers of the Bank of England voted against any increase in interest rates this month, underlining the need to stimulate economic growth, while the unemployment rate still remains above the 7% target mark. Moreover, the BoE officials said that they will continue to support economy, even if the rate falls below 7%, as they want to be sure

Wed, 19 Feb 2014 09:54:38 GMT

Wages in Australia grow more than expected

Wages in Australia registered a 0.7% increase in the last quarter of 2013 on a quarterly basis, beating economists' forecasts at 0.6%. In Q3, wages rose 0.5%. Year-on-year, salaries surged 2.6% in October-December quarter. At the same time, the pace of increase reached the lowest in 17 years. The highest wages' advance of 3.3% was noticed in gas, electricity, waste

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