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Volume of Retail Trade Down by 1.2% in Both Euro Area and EU27

added: 07-06-2010

In April 2010, compared with March 2010, the volume of retail trade decreased by 1.2% in both the euro area (EA16) and the EU27. In March retail trade rose by 0.5% in both zones.

U.S. Employment Situation in May 2010

added: 07-06-2010

Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported. Private-sector employment changed little (+41,000). Manufacturing, temporary help services, and mining added jobs, while construction employment declined. The unemployment rate edged down to 9.7 percent.

EU Cohesion Policy Crucial to Help Regions Overcome Crisis

added: 07-06-2010

More flexible access to the EU regional funds - such as the European Social Fund and the European Regional Development Fund - would help regions worst hit by the economic crisis to recover faster, said the Regional Development Committee. Flexible funding for investment in infrastructure, support for small firms, professional training, R&D and industrial and rural modernisation, would also make a decisive contribution to sustainable growth and jobs, it adds.

Bankrate: Mortgage Rates Stay Below 5 Percent

added: 07-06-2010

Mortgage rates were a touch higher this week, with the average conforming 30-year fixed mortgage rate at 4.95 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.45 discount and origination points.

U.S. Productivity and Costs in the First Quarter 2010

added: 06-06-2010

Nonfarm business sector labor productivity increased at a 2.8 percent annual rate during the first quarter of 2010, the U.S. Bureau of Labor Statistics reported, with output rising 4.0 percent and hours rising 1.1 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.)

Mobile Shopping Doubles in 2010

added: 05-06-2010

Mobile commerce has been slow to catch on. According to Multichannel Merchant, four in five multichannel retailers have no m-commerce presence. But while consumer usage of mobile shopping is still relatively low, it is increasing, prompting firms such as Coda Research Consultancy to predict a doubling of m-commerce revenues in the US this year, to $2.4 billion.

Industrial Producer Prices up by 0.9% in Euro Area in April 2010

added: 04-06-2010

In April 2010 compared with March 2010, the industrial producer price index rose by 0.9% in the euro area (EA16) and by 1.0% in the EU27. In March, prices increased by 0.6% and 0.8% respectively.

Online Job Demand Unchanged in May, The Conference Board Reports

added: 04-06-2010

Online advertised vacancies were unchanged in May at 4,149,000, following a 223,000 gain in April, according to The Conference Board Help Wanted OnLine™ (HWOL) Data Series. Online job demand has been on an upward trend since October '09 and averaged 118,000 per month. The gap between the number of unemployed and advertised vacancies (supply/demand rate) stood at 3.68 unemployed for every advertised vacancy in April (the last available unemployment data) compared to 4.76 in October 2009.

IT and Business Priorities Don’t Align in Financial Services, Healthcare, Retail and Public Sectors

added: 04-06-2010

Organizations across the financial services, healthcare, retail and public sectors are failing to align their IT and business priorities, according to a survey by market research company Vanson Bourne and sponsored by Micro Focus.

Better Access to Jobs Market for Young People

added: 04-06-2010

A "European Youth Guarantee" enabling young people not to be unemployed for over six months, a decent income and good quality traineeships: these were the proposals made by Parliament's Employment and Social Affairs Committee as part of efforts to improve access to the labour market for young people.

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