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US Economy Loses Jobs in February

The U.S. economy lost a net total of 63,000 jobs in February, the second month in a row that the job market shrank, and the worst decline in five years.

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U.S. jobless claims’ decrease implies economic growth

U.S. share index futures increased revenue as initial claims decreased last week. This impelled assumption that the economy will avoid a recession.

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Jobless rate rises in Australia

The latest official job figures of Australia show there were more Australians working in February but the unemployment rate also rose. The February labour force figures put the seasonally-adjusted national jobless rate at 4.6 per cent.

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