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Contents contributed and discussions participated by dgeorgiev15

dgeorgiev15

BBC News - UK unemployment falls by 63,000 to 2.33 million - 1 views

  • number of people out of work in the UK fell by 63,000 to 2.33 million
  • unemployment rate now stands at 7.2%
  • 211,000 more people were recorded as self-employed
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  • the growing economy is helping record numbers of people to find a job
  • The rise in employment is being fuelled by businesses and entrepreneurs across the country who are feeling increasingly confident with the improving economy
  • long-term economic plan is working
  • pensions secretary Rachel Reeves disagreed, saying "long-term youth unemployment has doubled
  • rise in employment was down to the increase in the number of self-employed
  • while youth unemployment had gone down, the rate was "still nearly three times the rate of unemployment as a whole
  • Earnings "remain below inflation"
  • North East of England has the highest unemployment rate in the UK, at 9.5%
  • South East, where the rate is lowest, only 5.2%
  • MPC members voted earlier this month to keep interest rates at 0.5%
dgeorgiev15

Short supply, high demand sees avocado prices soar - Business - NZ Herald News - 0 views

  • Avocado prices are soaring this summer due to short supply and high demand
  • latest crop had come in at only three million trays.
  • shortage of supply and an increased demand for avocados, which in a market economy means the price goes up
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  • marketing, raising awareness of the fruit's health benefits,
  • fruit as a high value product, rather than a commodity.
  • Australia had been the largest overseas market for more than a decade
dgeorgiev15

BBC News - UK new car sales highest since 2007, SMMT says - 0 views

  • UK car sales in 2013 recorded their best year since 2007
  • attractive financing deals have tempted buyers
  • three-quarters of sales to private buyers now involving some kind of financing package.
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  • Most cars built in the UK are exported.
  • Thousands of new jobs were created in the industry as both Jaguar Land Rover and Bentley expanded their operations in the UK.
  • UK economic activity holds up well through 2014 and beyond
dgeorgiev15

Iran oil exports rise as sanctions eased - Dec. 11, 2013 - 1 views

  • An easing of sanctions has helped support a rise in oil exports from Iran
  • Iranian exports rose by about 10% in November
  • The IEA estimates Iran's oil exports rose by 89,000 barrels per day to 850,000 barrels per day last month as sales to China and Taiwan climbed
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  • supplies from non-OPEC producers topped 43 million barrels per day last month -- thanks in part to the U.S. shale boom.
dgeorgiev15

The Effects of Minimum Wage From a Microeconomic Perspective | Chron.com - 1 views

  • minimum wage is revised from time to time to adjust for inflating prices
  • a minimum wage virtually eliminates companies' ability to negotiate wages for their lowest-level employees
  • According to the U.S. Department of Labor, the minimum wage increased about twenty four percent between 2007 and 2009, going from $5.85 to $7.25 per hour
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  • every 10 percent increase in the minimum wage causes a five to nine percent decrease in youth employment
  • According to the U.S. Census, only around seventeen percent of minimum wage earners are supporting families on their own
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