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Mortgage Rates in US Rise for 3rd Straight Week

added: 05-04-2007

Fixed mortgage rates moved higher across the board this week. The average 30-year fixed mortgage rate rose to 6.25 percent. According to Bankrate.com's weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.27 discount and origination points.

US: Metropolitan Area Employment and Unemployment in February 2007

added: 05-04-2007

Unemployment rates were lower in February than a year earlier in 249 of the 369 metropolitan areas, higher in 94 areas, and unchanged in 26 areas, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

Global Economy's Impact on Working America

added: 05-04-2007

Economic conditions for workers are deteriorating so dramatically in the new American economy that an overwhelming majority, nearly 70 percent, now say that basic security - not opportunity - is their number one concern, according to a new survey.

US: Hiring in Q2 Moderate, yet Stable

added: 05-04-2007

CareerBuilder.com and USA TODAY released the results of their latest survey, conducted by Harris Interactive(R), tracking projected hiring trends for the second quarter of 2007. The survey, titled "Q2 2007 Job Forecast," was conducted from February 15, 2007 through March 6, 2007 of 2,591 hiring managers and human resource professionals and 6,823 workers in private sector companies.

U.S. Workers Remain Optimistic in March

added: 05-04-2007

The Hudson Employment Index(SM) climbed to 109.0 in March from 107.1 in February. Improved sentiment regarding personal finances and job satisfaction prompted the third consecutive monthly rise in worker optimism. The latest reading is nearly three points stronger than last March's Index of 106.2.

Commission calls for more predictable and more effective development aid

added: 05-04-2007

Three communications adopted by the European Commission demonstrate that on the whole the EU is on the right track regarding compliance with its commitments to greater public development aid, aid for trade, and aid effectiveness. But further efforts will be needed if the objectives of giving more predictable and sustained aid and of improving coordination and aid effectiveness are to be brought within reach.

NASDAQ Introduces a China Equities Index

added: 05-04-2007

The Nasdaq Stock Market, Inc. announced plans to introduce the NASDAQ China Index(sm) (Nasdaq:CHNX), which is designed to track the performance of the largest Chinese companies whose securities are listed and actively traded in the U.S. NASDAQ will begin disseminating the Index during the second quarter of 2007.

EU offers full market access to Africa, Caribbean and Pacific regions

added: 05-04-2007

The EU has proposed to remove all remaining quota and tariff limitations on access to the EU market for all African, Caribbean and Pacific regions as part of the Economic Partnership Agreement negotiations. The offer covers all products, including agricultural goods like beef, dairy, cereals and all fruit and vegetables.

Inflation in the OECD area edges up to 2.1% in February 2007

added: 04-04-2007

In the OECD area, consumer prices rose by 2.1% in the year to February 2007, compared with 1.9% in the year to January 2007. On a monthly basis, the price level rose by 0.3% in February 2007 after 0.2% between December 2006 and January 2007.

EU: Volume of retail trade up by 1.2% in euro area

added: 04-04-2007

In February 2007, compared with February 2006, the volume of retail trade grew by 1.2% in the euro area (EA13) and by 2.8% in the EU27. Compared with January 2007, the retail sales index rose by 0.3% in the euro area and by 0.5% in the EU27.

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