Up until sometime back, Australia's biggest fear was that the central bank might one day decide to hike the interest rates. But today, even after consecutive increases, the country seems to be doing just about alright. The main reason for this seems to be the rapid decline that has been lately recorded in the rate of unemployment.

Recent figures on jobless claims have managed to add some encouraging signs to an otherwise gloomy and weak economy, by revealing that claims for jobless benefits declined over the past week by more than expected. Also the number of people on unemployment insurance managed to slip to the lowest in nearly a year.

Despite the fact that recession has managed to pull almost every industry down, ski resorts across the United States have managed to post steady hikes in revenue over the past 5 years, as has been shared by the research firm IbisWorld.

Official figures have confirmed that the unemployment rate across Canada, for the month of January, unexpectedly slipped to 8.3%, which has been the lowest level recorded since September. The fall has been a substantial once from the figure of 8.4% recorded for December, as the economy managed to add 43,000 jobs.

The recent analysis reveals that the 2009 Q4 numbers are in and they proved beneficial for companies looking to get acquired or go public in 2010. In addition, corporate buyers invested in the fourth quarter, and tech IPOs are performing well.

The Census Bureau is now banking mainly upon partnering with people to reach out to groups which are inaccessible or hard to reach. A significant example is George Duangmanee, a financial adviser as well as an officer in a scholarship program for Asian tennis players, and due to his latter role, he has become an important Census Bureau partner.

The US Transportation Department on Monday announced new rules that prevent airlines stranding passengers on tarmacs for more than three hours.

Airlines will face a fine of $27,500 per passenger if they violate the rule.

The US Department of Agriculture will provide $290 million aid to country’s dairy producers to help them fight against low prices of milk and high cost of feeding.

The national average price for milk plunged from $16.80 per hundredweight in the fourth quarter of last year to $12.23 in the first three months of this year, representing a decline of around 27 per cent.

Economy is picking up as there is rise in personal incomes of Americans during the month of November. And as the incomes rose in six months, the spending also increased strongly. According to the reports of commerce department, the unemployment rate has dropped in last month and personal incomes increased 0.4%. The report also stated that the spending increased by 0.5%.

For the month of October, as confirmed by official figures shared by Statistics Canada, factory sales recorded much higher than expected growth, mainly on the back of aerospace and petroleum and coal products.

For the month, sales gained 2% to hit $42.5 Billion, making this the fourth increase in the past 5 months.