Jobless claims again rose

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/FP

The number of jobless claims in the US is higher than reported earlier, announced the Labor Department. The claims increased by 2,000 to a seasonally adjusted 393,000 while last week it was reported that the number of claims fell to 388,000. Experts predict that the number of unemployment-insurance benefits will continue to fluctuate near 400,000 until there will be an essential increase in hiring.

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Wed, 23 Nov 2011 14:47:27 GMT

EU announced the proposal for jointly-guaranteed euro bonds

European Commission announced its plan to implement jointly-guaranteed euro bonds aimed at struggling with debt crisis. Proposal is strongly opposed by Germany. The joint issuance of bond will allow deeper integration and will bring promising results in future, said Jose Manuel Barroso, European Commission President. However, the strategy is not able to solve the problem and has to be accompanied with stricter economic governance, he

Wed, 23 Nov 2011 14:51:43 GMT

US: growth of disposable income exceeds growth of spending

Consumer spending increased by 0.1% while disposable income rose by 0.4% indicating the decrease in proportion put aside as savings, reported the Commerce Department. The forecast made by Marketwatch was an increase in spending by 0.3% while income was estimated to grow by 0.2%. The savings rate decreased by 4.1% in Q3 as compared to an advancement of 5.1% in Q2.

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