JOBS LOST

Finweek English Edition - - ECONOMIC TRENDS -

The em­ploy­ment com­po­nent of the De­cem­ber Kag­iso Pur­chas­ing Man­agers’ In­dex (PMI) de­clined, which Cit­i­group de­scribes as wor­ry­ing. The de­cline was to 45 (lev­els above 50 in­di­cate ex­pan­sion), the sec­ond weak­est read­ing in 14 months and one that still looks con­sis­tent with a con­trac­tion in non-farm jobs. Over­all, the PMI de­clined by 1,2 points in De­cem­ber to 51,7.

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