Business activity in the non-manufacturing sector increased at a slower rate in September than in August, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.
R&D is becoming a truly global enterprise with all sectors moving within the not-too-distant future to a near-equal distribution of effort, funds and activity - as opposed to the domination the U.S. has held onto for the past 50 years.
Oil prices will remain volatile in the foreseeable future, creating problems not only for the global economy but also for several industrial sectors that are heavily reliant on crude and refined products, particularly the airlines, chemicals, electrical utilities, and freight transportation, says Standard & Poor's Ratings Services in a published report entitled, "The World Of $80 Oil: How The Economy And Industries Cope."
CareerBuilder.com, the nation's largest online job site, and USA TODAY released the results of their latest survey, conducted by Harris Interactive(R), tracking projected hiring trends for the fourth quarter of 2007. The survey, titled "Q4 2007 Job Forecast," was conducted from August 10 through September 4, 2007 of more than 2,700 hiring managers and human resource professionals in private sector companies.
The Lisbon Strategy for Growth and Jobs is the right backbone for the European response to globalisation. Its further deepening is the way to create the wealth that can give practical meaning to core European values of social inclusion and of European and international solidarity. This means increasing the EU's adaptability to provide for the sustainable well-being of its citizens. The above are the main themes of a European Commission discussion paper for EU Heads of State and Government at the Lisbon informal summit on 18-19 October, adopted by the Commission.
UEAPME, the European craft and SME employers' organisation, welcomed official launch of the "Eurostars" programme, which aims to provide funding for market-oriented research and development activities undertaken by SMEs.
In August 2007, compared to July 2007, the volume of retail trade grew by 0.1% in the euro area (EA13) and by 0.3% in the EU27. In July retail trade increased by 0.4% and 0.3% respectively.
Unemployment rates were lower in August than a year earlier in 206 of the 369 metropolitan areas, higher in 134 areas, and unchanged in 29 areas, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Twenty-five metropolitan areas registered jobless rates below 3.0 percent, while two areas recorded rates of at least 10.0 percent. The national unemployment rate in August was 4.6 percent, not seasonally adjusted.
After climbing to record heights the previous session, US markets were tempered on Tuesday as investors booked profits and after by news of layoffs at Morgan Stanley, and reports of lower car sales by Ford.
