Table of Contents:
Wall Street opens positively thanks to employment data
Wall Street started the day with a positive trend, supported by recent employment data for November, which exceeded analysts’ forecasts. Last month, 227,000 new jobs were created in the non-agricultural sector, a result that surprised experts, who expected an increase of 214,000 jobs. This figure represents an encouraging sign for the US economy, suggesting a continued recovery and a resilience of the labor market
.
Unemployment and economic growth
Despite the creation of new jobs, the unemployment rate increased slightly, from 4.1% to 4.2%. This increase is in line with market expectations and does not seem to cause concern among analysts. At the opening, the Dow Jones gained 86.95 points, equal to an increase of 0.19%.
The S&P 500 and Nasdaq also showed positive performance, with increases of 11.38 points and 40.12 points, respectively.
Global Visual Health Initiatives
In a context of economic growth, it is interesting to note that the OneSight EssilorLuxetica Foundation has signed a global agreement with the WHO to support the SPECS 2030 initiative. This ambitious project aims to correct visual defects worldwide by 2030, focusing on the prevention of myopia and access to eye care, especially in vulnerable areas. This initiative represents a significant step toward improving global visual health.
Economic growth in the Eurozone
In the third quarter of 2024, the Eurozone economy showed growth of 0.4% compared to the previous quarter, in line with preliminary estimates from EUROSTAT. This increase reflects an annual growth of 0.9%, exceeding the figure of the previous quarter. In particular, employment in the euro area grew by 0.2%, while in the EU it remained stable. In Italy, the increase was 0.5% compared to the previous quarter and 2.1% compared to the previous year, highlighting a robust recovery in the Italian labor market
.
