Switzerland's jobless rate unchanged in February

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Source: Forexpros
Swiss unemployment rate was stable in February for the third month in line, reported the Swiss State Secretariat for Economic Affairs. The jobless rate remained at 3.1% on a seasonally adjusted basis last month, being in compliance with expectations. However, the number of individuals without job increased slightly by 1,163, approaching 133,154.


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Wed, 07 Mar 2012 11:31:54 GMT

Australian construction market contracted in February

Australian construction industry contracted by 21st consecutive month in February. Australian PCI declined by 4.2 points approaching 35.6 in February on a seasonally adjusted basis. The index below 50 indicates contraction. The slowdown of the building activity signaled that the recent cut of the interest rates have not provided sufficient spree for the industry.

Wed, 07 Mar 2012 10:28:29 GMT

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