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...
Read more
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...
Read more
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...
Read more
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...
Read more
Eurozone Economy Records Strongest Growth in Two Years
The Eurozone economy grew by 0.4% quarter-on-quarter in Q3 2024, marking its strongest growth rate in two years. This performance aligns with earlier estimates and improves upon the 0.2% rise seen in Q2. The growth was driven primarily by household...
Read more
