Group items tagged

"As the country launches itself on a higher growth trajectory but with rising unemployment, a report says that unemployability is a bigger crisis than unemployment."

Poverty rates, inflation, unemployment, food scarcity, and social unrest are on the rise and the government is not only failing to combat it but in some cases is contributing to it, the Egyptian Centre for Economic and Social Rights argues in a report.

This article shows the impact of unemployment data on the currency and mentions how monetary policy should be used to control aggregate demand.

Pay increase and a fall in unemployment a boost for the Bank of England

The following article talks about the riots that have been occurring in Venezuela throughout the past few months. It discusses how protesters are angry at the government for rising unemployment and the scarcity of basic items and other commodities. It talks about how already 25 people have died during the riots, according to the government.

Supply, technology, unemployment

BBC News - Greece jobless rate hits new record of 28%

This doesn't talk about aggregate supply but does begin to look at the effects of increasing the minimum wage so I think it could be useful to blog about because it leaves more analysis to be done.

This talks about why the policy makers, despite awareness of global warning, are not acting to harm the oil industry - The oil industry seems to have a possitive effect on employment and economic growth.

this article is about a possible different way of a business cycle for the future. it shows the recent unemployment rate and it impact on the economy. and investors choosing to invest in new advanced technology will solve some problems like gas price increasing etc

Thatcher-era supply-side policy had been used in UK for a number of decades. Mark Carney, the new governor of the Bank of England wants to reduce unemployment through the monetary policy goal rather than the supply-side policy. He is making efforts to change the emphasis on the supply-side policy, which has always aimed to reduce employment and to control inflation by implementing the increase in investments and the introduction of taxes towards the rich. Carney wants to shift the conditions of the markets towards driving up more investors and creating financial stability through the interest rate policy. This may be the solution to UK's economic problems, which had been lasting for a number of years since 2008 and the Euro crisis.