Article: LOM Weekly Perspectives - Financial Summary on North America, Europe and Asia-Pacific Regions.(Lines Overseas Management)

North America

The job market in the United States continues to be challenging for those looking for work. Corporations aren't ready to raise their hiring intentions, yet. In the recent data release, the dip in the unemployment rate was biased by seasonal factors, as mentioned by the Bureau of Labour Statistics. Meanwhile, the trend in jobless claims isn't heartening, for those looking for a pickup in economic activity.

Up to now, the strike by dockworkers on the West Coast has not had a significant disruptive effect on the economy. Many manufacturers, retailers and wholesalers had built up inventory levels ahead of the strike to alleviate the ...

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