Markets.News
The latest report states that the unemployment rate in the country has dropped to 4.5%, the lowest it has been in the past three years. This decrease accounts for approximately 200,000 individuals finding employment in the last quarter. Additionally, the gross domestic product (GDP) has seen a growth of 3.2% this quarter, surpassing analyst expectations. The stock market has also reacted positively to these developments, with the main index rising by 2.5% in response to the news. Overall, the economic outlook appears to be improving steadily, with consumer confidence levels at a two-year high.