Friday, December 02, 2005

Quick Overview

  • The U.S. job market rebounded last month from a hurricane-induced slowdown as nonfarm employers added 215,000 workers.

  • The unemployment rate in the Euro-zone was 8.3% in October. The unemployment rate for the EU-25 was 8.5%.

  • Current exchange rates between the dollar and yen are in line with economic fundamentals, Japanese Finance Minister Sadakazu Tanigaki said on Friday.

  • Canada's unemployment rate improved from 6.6% to 6.4% in November.

  • The USDA increased its estimate of world coffee ending stocks for 2005-2006 from 14.9 to 20.3 million bags. The production estimate was unchanged at 113.2 million bags -- world consumption was lowered from 119.4 to 116.6 million bags.

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