UK Data Response Labour Market Data (Sep./Oct.) The latest employment figures showed that the labour market is continuing to deteriorate rapidly. We still think that ILO unemployment will rise above the 3 million mark within the next couple of... 16th November 2011 · 1 min read
Asia Economics Weekly How important are remittances for emerging Asia? Concern is growing that the ongoing debt problems in the euro-zone could lead to another global financial and economic crisis. Remittances should provide a relatively stable source of income... 14th November 2011 · 1 min read
US Data Response Employment Report (Oct.) October's Employment Report has pluses and minuses but, on balance, it is positive. Non-farm payrolls increased by a modest 80,000 last month, down from a revised 158,000 gain in September. 4th November 2011 · 1 min read
Canada Data Response Labour Force Survey (Oct.) October's employment figures cruelly dashed any optimism that may have built up after the surprisingly good performance in September. Employment fell by 54,000 last month, reversing most of the 60,900... 4th November 2011 · 1 min read
Asia Economics Update Export weakness not Taiwan's only concern Taiwan always struggles when global demand slows and the coming year will be no exception. But the relative weakness of Taiwan’s labour market is a second reason to think that GDP growth in 2012 will... 31st October 2011 · 1 min read
Europe Data Response Euro-zone Flash CPI & Unemployment (Oct./Sep.) The latest euro-zone inflation and unemployment data might leave the hawks at the ECB still concerned about underlying price pressures. 31st October 2011 · 1 min read
US Employment Report Preview Don't blame small firms Our econometric model, which is based on a wide range of indicators, suggests that non-farm payroll employment rose by around 75,000 in October. That would be broadly similar to the increases seen in... 28th October 2011 · 1 min read
UK Economics Weekly Is the labour market now capitulating? Last week’s data suggested that conditions in the labour market are now deteriorating again at a rapid pace. Rather than being just a blip, we fear that this will mark the beginning of another... 18th October 2011 · 1 min read
UK Economics Update Regional Monitor (Sep.) The latest regional data suggest that the northern regions of the UK have recently managed to grow at a similar, albeit sluggish, pace to those in the South. However, conditions in the northern labour... 13th October 2011 · 1 min read
UK Data Response Labour Market Data (Aug./Sep.) The latest news on the labour market confirmed that the downturn in the economy is having an increasingly adverse impact on both employment and wages growth. 13th October 2011 · 1 min read
US Data Response Employment Report (Sep.) There is no hint in September's Employment Report that another recession is starting. Nevertheless, the 103,000 increase in non-farm payrolls last month is still consistent with what would normally be... 8th October 2011 · 1 min read
Canada Data Response Labour Force Survey (Sep.) September's employment gain of 60,900 was a positive surprise, but the underlying details of the jobs report were less spectacular. Even so, it suggests that economic growth overall fared better in... 8th October 2011 · 1 min read
Japan Economics Update Spending under pressure from weak labour market The decline in labour cash earnings is symptomatic of the deterioration in labour market conditions. With fewer workers employed and each earning less, consumer spending is likely to come under... 5th October 2011 · 1 min read
Europe Data Response Euro-zone Flash CPI & Unemployment (Sep./Aug.) On the face of it, the latest euro-zone CPI inflation and unemployment numbers would appear to reduce the chance of an imminent ECB rate cut. But with the economy on the cusp of recession and the debt... 1st October 2011 · 1 min read
US Employment Report Preview Businesses reluctant to boost headcounts Our econometric model, which is based on a wide range of labour market indicators, suggests that for the second consecutive month the US economy as a whole failed to create any jobs in September. The... 30th September 2011 · 1 min read
Europe Data Response Euro-zone Final CPI (Aug.) & Employment (Q2) The latest euro-zone CPI inflation data do nothing to alter our view that underlying price pressures are not as strong as the ECB fears and that official interest rates may fall around the turn of the... 16th September 2011 · 1 min read
