April 6, 2018 Unemployment rate remains flat at 4.1percent even as total nonfarm payroll employment edged up by 103,000 in March. Sectors that experience a marginal uptick in employment for the month of March were manufacturing, health care, and mining. “Among the major worker groups, the unemployment rates for adult men (3.7 percent), adult women
Brent Oil Brent oil prices decreased by 2.76% or US$1.94, as prices fell this week. Oil traded on April 5, 2018 at a price of $68.33 per barrel relative to US$70.27 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decrease week over week, by 0.22% (JMD$0.27). Additionally
April 5, 2018 According to a recent release by Eurostat, the statistical office of the European Union, the volume of retail trade increased by 0.1% in the euro area (EA19) and by 0.2% in the EU28 for the month of February 2018, after falling by 0.3% in the euro area (EA19) for the previous month.
April 4, 2018 Unemployment Unemployment rate for both euro area (EA19) and EU 28 nudged down marginally from January to February of this year, according to data published by Eurostat, the statistical institute of the Europe Union. This is the lowest rate recorded in both areas since December 2008. The euro area (EA19) unemployment rate
April 04, 2018 For the period of April 2017 to February 2018, the GOJ reported Total Revenues & Grants of $476.14 billion, $11.05 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 10.8% relative to the $429.62 billion recorded for the corresponding period in 2017. ‘Tax Revenue’, ‘Non-Tax
March 28, 2018 Estimates released by the Bureau of Economic Analysis, show an increase in real gross domestic product (GDP) at an annual rate of 2.9 percent in the fourth quarter of 2017, a marginal decrease from the 3.2 percent recorded in the third quarter. The slowdown in real GDP growth rate in the fourth
Bank of Jamaica announces its decision to maintain the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) at 2.75 per cent. This policy stance reflects the Bank’s assessment that headline inflation for the next eight quarters should remain within the target of 4.0 per cent to 6.0 per cent, with
March 27, 2018 Based on data from Eurostat, the statistical office of the European Union, the United States and China are the two main trading partners of the European Union (EU). “ In 2017, the United States (€631 billion, or 16.9% of total EU trade in goods) and China (€573 bn, or 15.3%) continued to
March 23, 2018 Unemployment rates were lower in February for 7 states and stable in the remaining 43 states and the District of Columbia, based on data released by the U.S. Bureau of Labor Statistics. Fifteen states had jobless rate decreases from a year earlier, while 35 states along with the District had little or
Brent Oil Brent oil prices increased by 6.02% or US$3.92, as prices rose this week. Oil traded on March 22, 2018 at a price of $69.04 per barrel relative to US$65.12 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices increase week over week, by 2.40% (JMD$2.89). Additionally
