Forex | Forex | Labour market (Aug): Unemployment rate could rise again (31/08/2009 11:14:49)

Labour market (Aug): Unemployment rate could rise again

ISM indices (Aug): manufacturing index is the first to reach expansion threshold Labour market (Aug): unemployment rate could rise again The manufacturing sector was hit particularly hard during the recession: manufacturing production went down by 17% from its peak in December 2007. However, the ISM manufacturing index has been improving steadily this year, and in August it could have reached the expansion threshold for the first time since November 2007: the Philadelphia Fed index and the New


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