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Euro Area Hourly Labour Costs Rose by 0.8%: the Third Quarter of 2010

added: 17-12-2010

Hourly labour costs in the euro area (EA16) rose by 0.8% in the year up to the third quarter of 2010, compared with 1.6% for the previous quarter. This is the lowest increase registered since the start of the series in 2000. In the EU27, the annual rise was 1.2% up to the third quarter of 2010, compared with 1.5% for the previous quarter.

Euro Area and EU27 Employment Stable in the Third Quarter of 2010

added: 17-12-2010

The number of persons employed in both the euro area (EA16) and the EU27 was stable in the third quarter of 2010 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office of the European Union. In the second quarter of 2010, employment grew by 0.1% in both zones. These figures are seasonally adjusted.

GDP Per Inhabitant in the Member States Ranged from 44% to 271% of the EU27 Average in 2009

added: 17-12-2010

In 2009, the Gross Domestic Product (GDP) per inhabitant in Luxembourg, expressed in purchasing power standards (PPS), was more than two and a half times the EU27 average, while the Netherlands recorded a level more than 30% above the average. Ireland, Austria and Denmark were between 20% and 30% above the EU27 average, while Sweden, Germany, Belgium, Finland and the United Kingdom were between 10% and 20% above average.

U.S. Consumer Price Index in November 2010

added: 17-12-2010

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the all items index increased 1.1 percent before seasonal adjustment.

Euro Area Annual Inflation Stable at 1.9% in November 2010

added: 17-12-2010

Euro area annual inflation was 1.9% in November 2010, unchanged compared with October. A year earlier the rate was 0.5%. Monthly inflation was 0.1% in November 2010.

U.S. Real Earnings in November 2010

added: 17-12-2010

Real average hourly earnings for all employees fell 0.1 percent from October to November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. This decrease stems from a 0.1 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U), while average hourly earnings remained unchanged.

OECD Unemployment Rate Rises to 8.6% in October 2010

added: 17-12-2010

In October 2010, the OECD area unemployment rate was 8.6%, up 0.1 percentage point from September. The OECD-wide rate has been stable at 8.5%-8.6% since June 2010, but new November 2010 data confirms diverging trends at the national level. The unemployment rate for the United States was up 0.2 percentage point at 9.8%, while the rate for Canada was down by 0.3 percentage point to 7.6%.

Bankrate: Mortgage Rates Hit 5%

added: 17-12-2010

Mortgage rates soared again this week, with the average rate on the benchmark conforming 30-year fixed mortgage rate rising to 5 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.40 discount and origination points.

Deloitte Consumer Spending Index Tips Downward in November 2010

added: 16-12-2010

The Deloitte Consumer Spending Index (the Index) dipped in November, primarily due to sustained weakness in the housing market despite incremental gains in other areas. The Index attempts to track consumer cash flow as an indicator of future consumer spending.

PandaLabs Predicts Security Trends for 2011

added: 16-12-2010

PandaLabs, the antimalware laboratory of Panda Security, the Cloud Security Company, has forecasted several radical innovations in cyber-crime for 2011. Hacktivism and cyber-war; more profit-oriented malware; social media; social engineering and malicious codes with the ability to adapt to avoid detection will be the main threats in the coming year. There will also be an increase in the threats to Mac users, new efforts to attack 64-bit systems and zero-day exploits.

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