Group items tagged

This article talks about the official data of the unemployment rate and the inflation rate within the eurozone. The low and stable inflation and unemployment being near 12% causes concern about a decreased GDP, as experts fear a deflation would defer consumption and investment.

This article talks about how most of the countries using the euro has experienced a 12% increase in the unemployment rate due to the decreasing inflation. Around 19.2 million people were out of work during that time and the inflation fall was much steeper than what analysts expected.

This article talks about how unemployment dropped from 7.8% to 7.7% in 3 months in the UK. The records also show that the amount of people claiming allowances has also fallen. This shows that job markets are recovering, also, it says that public sector employment has fallen while private sector employment has risen which shows that private businesses have recovered better after the recession.

This article talks about inflation and unemployment in the Uk

This article talks about unemployment. Firms don't hire the long-term unemployed. Our productive capacity is lower than it sounds, because we haven't invested in new factories for too long. Wages and prices will start rising as companies pay more for the workers and work that they want.

Theis article talks about how Federal Reserve Chairman Ben Bernanke believes aggregate demand, not supply, is the reason of economic restraint and unemployment. For aggregate supply, economic activity, and GDP to increase, he believes that aggregate demands need to increase as well for the unemployed to produce these effects.

This article talks about why India needs supply side economics to develop the economy and reduce inflation and unemployment

This article talks about how Obama is focusing on an issue of unemployment inequality. It also states that he is going to pass a bill to raise the minimum wage and execute authority in education and economic development. Obama also highlighted a strategy of "sector partnerships" to bring firms together. This is related to this week's topic because all these situations can affect the whole economy of the nation. Politics are involved because the government passes bills or deals with the situation in some way.

This article talks about how a man named John. H Mankin thinks that a recession is going to happen in the US very soon. He predicted this based on past trends and by analysing the statistics. He saw that unemployment is above 7.5% and for the first time since 2011 the housing sector failed. He says that in 2011 and in 2012 the US suffered two growth declines and the fiscal and monetary policies used during those times will not work a third time thus resulting in a 'third-time unlucky recession of 2014'

This article looks at what part of the business cycle the Australian economy currently is in. The author describes in good detail how certain aspects of the ending of a recession; lower unemployment due to big firms laying off employees and low interest rates, and low inflation.

The Estonian government agreed on the objectives of fiscal policy for the next four years. As a result of these choices the government is able to for example fix unemployment and increase the rate of child benefits.

This Article discusses the tight fiscal policy and the objectives that the Estonian government has agreed to pursue for the next four years. - sorry didn`t see it was already on here

This an interesting article about the economic happenings from the Great Recession to the present day. It explains how the US economy progressed through and after the recession through the use of fiscal and monetary policies. However, these "policies" did not seem to efficiently help in the recovery of economic growth. Issuing higher taxes (for the so-called sake of increasing government revenue) on both the demand side and the supply side caused further damage to economic recovery and unemployment.

China's economy is predicted to have a slowdown but is still expected to have an economic growth of 7.5%. There is no need for the government to provide a stimulus. China's economic growth seems to be in a steady stream of "ups and down" but consumption (AD) is increasing as well. This should push economic growth much farther.

This article discusses Greek's overwhelming debt load, and anti-austerity sentiments in voters. Greek currently has the second largest debt burden as a percentage of GDP of all developed countries in the world, after Japan. Furthermore, Greece currently has an unemployment rate of 25 percent.