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Average Tax Burden on Workers’ Earnings Fell in Most OECD Countries Last Year

added: 12-05-2010

Average tax and social security burdens on employment incomes fell slightly in 24 out of 30 OECD countries last year as governments struggled to shore up faltering economies amid the worst recession in decades. But whether this trend will continue this year is uncertain given the widespread pressures on public budgets.

Impact of the Crisis on Unemployment has so far been Less Pronounced in the EU than in the US

added: 12-05-2010

The unemployment rate in the EU27 has grown since the first quarter of 2008 as a result of the economic crisis. However, the increase has been smaller than in the US, where the rate has overtaken the EU27 despite having been much lower at the start of the crisis. On a more detailed level, similar patterns in the evolution of unemployment by gender and educational level during the crisis can be observed in the EU27 and the US. Long term unemployment is higher in the EU27, but rising fast in the US.

China's Major Economic Indicators in April 2010

added: 12-05-2010

In April, the total value added of the industrial enterprises above designated size was up 17.8 percent year-on-year, or 0.3 percentage point lower than that in March 2010; in the first four months of this year, it was up 19.1 percent year-on-year, which was down by 0.5 percentage points over that in the first quarter in 2010.

Consumer Reports Index Finds Americans' Rising Confidence Starting to Take Hold

added: 12-05-2010

Building on last month's improvements, the personal financial status of the American consumer is on the rise, according to the latest results from the Consumer Reports Index.

OECD Composite Leading Indicators Point to Slowdown in Pace of Expansion

added: 11-05-2010

OECD composite leading indicators (CLIs) for March 2010 point to a slowdown in the pace of economic activity. In most OECD countries signs of slowing growth are tentative, but stronger signals have appeared in France and Italy, and some evidence of a potential halt in expansion is emerging in China and Brazil.

The Conference Board Employment Trends Index™ (ETI) Continues to Grow in April 2010

added: 11-05-2010

The Conference Board Employment Trends Index™ (ETI) increased again in April for the eighth consecutive month. The index now stands at 94.7, up from March's revised figure of 93.9. The index is up 7.1 percent from a year ago.

Kronos Retail Labor Index™ Shows Number of People Applying for Retail Jobs on the Rise

added: 11-05-2010

Kronos® Incorporated announced the May release of the Kronos Retail Labor Index™, a family of metrics and indices that analyze the relationship between the demand and supply sides of the labor market within the U.S. retail sector, and provide a distinct and early indicator of the overall state of the economy. The May 2010 release includes data for April 2010.

Home Values Continue Nationwide Decline in First Quarter Amid Encouraging Signs in California

added: 11-05-2010

Home values in most U.S. markets continued to decline in the first quarter of 2010, as the Zillow Home Value Index fell 3.8 percent year-over-year, and 1 percent quarter-over-quarter, to $183,700. However, home values in several large California markets show signs of having reached a bottom, according to the first quarter Zillow Real Estate Market Reports.

Commercial Real Estate Beginning to Stabilize

added: 11-05-2010

The Real Estate Roundtable's latest quarterly "Sentiment Survey" suggests that the decline in commercial real estate (CRE) markets and property values has begun to level off — and that capital is becoming somewhat more available — although tremendous uncertainty remains about the pace and strength of recovery, with numerous respondents emphasizing the need for much stronger job creation.

U.S. Employment Situation in April 2010

added: 11-05-2010

Nonfarm payroll employment rose by 290,000 in April, the unemployment rate edged up to 9.9 percent, and the labor force increased sharply, the U.S. Bureau of Labor Statistics reported. Job gains occurred in manufacturing, professional and business services, health care, and leisure and hospitality. Federal government employment also rose, reflecting continued hiring of temporary workers for Census 2010.

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