Date: July 24, 2019 Gross job gains from opening and expanding private-sector, from September 2018 to December 2018, amounted to an increase of 281,000 jobs from the previous quarter to 7.7 million according to the Bureau of Labour Statistics. It was also noted that gross job losses from closing and contracting private-sector establishments booked 6.9
Date: July 22, 2019 The leading contributors to the increase in U.S. economic growth in the first quarter of 2019 were Finance and insurance; retail trade; and health care and social assistance. According to The U.S. Bureau of Economic Analysis (BEA), “16 of 22 industry groups contributed to the overall 3.1 percent increase in real
Date: July 19, 2019 The Bureau of Labour Statistics reported today that, “unemployment rates were lower in June in 6 states and stable in 44 states and the District of Columbia.” Last year, there were three states with jobless rate decreases and the District had little or no change. Whereas, the national unemployment rate, 3.7%,
Date: July 18, 2019 Total employed labour force increased by 29,900, in April 2019 compared to April 2018, with the unemployment rate amounting to 7.8% as stated by the Statistical Institute of Jamaica (STATIN). Of the 29,900 increase in the labour force, employment of males rose by 18,200 primarily in ‘Construction’ and ‘Other Community, Social
Date: July 16, 2019 The consumer price index for the month of June 2019 declined by 0.1%, following a 0.8% increase in its index for May 2019, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of June fell to 258.4, relative to the 258.8 reported for May 2019.
Date: July 16, 2019 June’s import prices declined 0.9%, according to the U.S. Bureau of Labor Statistics latest report released. This decease was mostly attributable to the falling prices for both fuel and nonfuel imports. Nonetheless, export prices fell 0.7% in June relative to a 0.2% decrease the previous month. Prices for import fuel dropped
Date: July 15, 2019 June’s Producer Price Index for final demand recorded a 0.1% increase, seasonally adjusted, according to the U.S. Bureau of Labor Statistics (BLS) report released on July 12, 2019. Final demand prices moved up 0.1% in May and 0.2% in April. This movement was mainly attributable to a 0.4% increase in the
Date: July 11, 2019 Brent Oil Brent oil prices increased by 5.67% or US$3.59, as prices increased this week relative to the prior week. Oil traded on July 11, 2019 at a price of US$66.89 per barrel relative to US$63.30 on July 04, 2019. Brent oil began the year at US$53.80 per barrel. Petrojam prices
Date: July 11, 2019 The Consumer Price Index for All Urban Consumers (CPI-U) recorded a 0.1% increase in June on a seasonally adjusted basis, the same increase as in May according to the U.S. Bureau of Labor Statistics report released today. Over the last 12 months, the all items index increased 1.6% before seasonal adjustment.
Date: July 03, 2019 For the period of April to May 2019, the GOJ reported Total Revenues & Grants of $93.60 billion, $2.31 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 10.7% relative to the $84.59 billion recorded for the corresponding period in 2018. ‘Tax Revenue’ and
