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Japan’s GDP Expansion in Q3 2024
Japan’s GDP expanded by 0.3% on a quarterly basis in Q3 2024, surpassing the flash data and market forecasts which anticipated a 0.2% growth. This positive result follows a downwardly revised 0.5% increase in Q2, marking the second consecutive period...
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Japan’s Account Surplus Declines in October 2024
In October 2024, Japan’s account surplus saw a decrease to JPY 2,456.9 billion, down from JPY 2,823.9 billion in the same month a year earlier. Despite this decline, the surplus was higher than the market estimates, which had anticipated a...
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Steady Growth in Average Hourly Earnings for November 2024
In November 2024, average hourly earnings for all employees on private nonfarm payrolls increased by 13 cents, or 0.4%, reaching $35.61. This growth matched October’s pace and exceeded market expectations of a 0.3% rise. The steady monthly increase highlights ongoing...
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Strong Job Growth in the US for November 2024
The US economy added 227,000 jobs in November 2024, signaling a robust recovery from October’s revised gain of 36,000. October’s figures had been notably affected by temporary disruptions such as Boeing strikes and Hurricanes Helene and Milton. The November data...
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Canada’s Unemployment Rate Climbs to Three-Year High
Canada’s unemployment rate increased to 6.8% in November 2024, up from 6.5% in October and surpassing expectations of 6.6%. This marks the highest level of unemployment since September 2021 and highlights growing concerns about a softening labor market. Policymakers at...
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