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IT and Engineering Employment Starts 2015 on A Strong Note

The number of IT jobs grew 0.4 percent sequentially last month to 4,838,500, according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions industry. On a year-over-year basis, IT employment has grown by 4.7% since January 2014 adding 216,800 IT workers.

IT Worker Confidence Declined from Record High in Fourth Quarter 2014

According to the Randstad Technologies Employee Confidence Index, IT workers' confidence declined to 57.4 in fourth quarter 2014 from 61.7, the record high, in the third quarter of 2014. Despite the decline, the Employee Confidence Index still remained above the confidence threshold of 50.0, a positive indicator that confidence levels remained high overall. The study, conducted online by Harris Poll on behalf of Randstad Technologies, measured overall confidence levels expressed by 190 U.S. IT workers ages 18 and older. The results are indicative of survey information collected during October, November and December of 2014.

Canadian economic growth slides with decline in oil prices

Conference Board of Canada downgrades growth forecast

Canada's economy is expected to grow by just 1.9 per cent in 2015 as the collapse in oil prices takes its toll on business investment and corporate profits, according to The Conference Board of Canada's Canadian Outlook-Winter 2015.

RBC Canadian Manufacturing PMI™ drops to its lowest level in nearly two years during January

January data indicated a sharp slowdown in the Canadian manufacturing sector, with overall business conditions improving at the weakest pace since April 2013, according to the RBC Canadian Manufacturing Purchasing Managers' Index™ (RBC PMI™). The latest survey signalled that output and new business volumes grew, but at much slower rates than in December, while employment numbers dropped for the first time since the start of 2014. Manufacturers recorded softer input cost inflation during the latest survey period, while factory gate charges increased at the slowest pace for almost a year and a half.

The Conference Board Consumer Confidence Index® Increased Sharply in December 2014

The Conference Board Consumer Confidence Index®, which had increased in December, rose sharply in January. The Index now stands at 102.9 (1985=100), up from 93.1 in December. The Present Situation Index rose to 112.6 from 99.9, while the Expectations Index increased to 96.4 from 88.5 in December.


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