Upon further inspection of the results, it showed that the sharp decline in the unemployment rate was due to a lower amount of people looking for a job hence they are no longer counted as unemployed.
The Eurozone debt crisis continues to weigh on economies across the globe leaving investors wary of the equity market as there is the mounting fear that the crisis could continue to spread to neighbouring countries.
T&T Stock Market
The Composite Index increased during the week ending January 7, rising by 0.44 per cent to a value of 839.33 as 1 stock declined and 7 advanced. The total volume of shares traded over the week more than doubled to 1,579,670 with the largest volumes seen in NCBJ (1,049,705), GHL (188,060) and CCFG (137,541). RBL saw the largest price increase during the week increasing by TT$0.68 to close at TT$76.89 while SBTT saw the only price decrease of TT$0.32 with a closing price of TT$36.00.