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OECD Unemployment Rate Rises to 7.8% in April 2009

added: 10-06-2009

The unemployment rate for the OECD area was 7.8% in April 2009, 0.1 percentage point higher than the previous month and 2.2 percentage points higher than a year earlier.

Slight Fall in UK Online Recruitment in May 2009

added: 10-06-2009

The Monster Employment Index UK fell by 2% in May, offsetting growth seen in April. Overall, the Index is down 40% year-on-year.

Monster Employment Index Europe Reports Third Consecutive Decline in May 2009

added: 09-06-2009

The Monster Employment Index Europe dipped six percent in May, as online recruitment activity fell sharply in Germany, France, Italy and the Netherlands.

Employment Prospects Improve Slightly, Employers Report

added: 09-06-2009

Employment prospects have improved slightly since last quarter but remain well below levels reported 12 months ago, according to projections from 325 employers responding to BNA's latest quarterly employment survey.

U.S. Hiring Pace is Still Sluggish

added: 09-06-2009

U.S. employers plan to keep their staffing levels relatively stable during Quarter 3 2009, according to the seasonally adjusted results of the latest Manpower Employment Outlook Survey, conducted quarterly by Manpower Inc. Based on additional data, the Outlook for Quarter 2 2009 was revised to -2 percent, the same as Quarter 3 2009, to account for seasonal variations.

Global Manpower Employment Outlook Survey Reveals Continued Weak Hiring Ahead

added: 09-06-2009

In the third quarter of 2009 job seekers around the globe can expect more of the same sluggish hiring pace seen during the first half of the year, but worldwide a greater percentage of employers are saying they will hold on to the staff they have, according to the global Manpower Employment Outlook Survey results released by Manpower Inc.

Small-Business Bankruptcy Filings Continued to Increase in March, Equifax Data Shows

added: 09-06-2009

Commercial bankruptcies nearly doubled in March 2009 from March 2008 among the nation's more than 25 million small businesses, according to Equifax, Inc. analysis of its comprehensive database of small business information. Economically hard-hit areas in California, Texas and the Western part of the U.S. are at the top of the list, according to the research. A small business is defined as a commercial entity of less than 100 employees.

Mortgage Rates Rise for Second Straight Week

added: 09-06-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages increased last week to 5.48 percent, up from 5.25 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com(R). Meanwhile, rates for 15-year fixed mortgages rose to 4.95 percent from 4.78 percent, and 5-1 adjustable rate mortgages rose to 4.62 percent from 4.48 percent the week prior.

The Conference Board Employment Trends Index (ETI)™ Edges Up for the First Time in 16 Months

added: 09-06-2009

The Conference Board Employment Trends Index (ETI)™ saw a small uptick in May. The index now stands at 89.9, increasing 0.2 percent from the revised April figure of 89.7, and down 20 percent from a year ago.

Grant Thornton LLP Business Optimism Index up to Pre-Recession Level

added: 09-06-2009

Grant Thornton LLP’s Business Optimism Index, a quarterly confidence measure of U.S. business leaders, rose from 37.6 in February 2009 to the pre-recession level of 54.5 in May. In addition, 54 percent believe that the economy will come out of recession in the first half of 2010.

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