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Contents contributed and discussions participated by tiffanytrinh

tiffanytrinh

Store Workers Earn Less Today Than in 2004 (Adjusting for Inflation) - 1 views

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    The average earnings of non-supervisory retail worker in September 2014 was calculated to be lower than the average earnings ten years ago. Meanwhile, private-sector average hourly wages were lower last month than they were the same month back in 2010. Although the US is currently in its "recovery" stage (from the business cycle), the average wages of the workers has still yet to prove this. In fact, the wage rates are contradicting.
tiffanytrinh

Economic Activity Slows in Eurozone, Survey Shows - 1 views

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    Manufacturing in Germany is slowing down while economic activities for France is also at a low. Although output has been "increasing modestly", the manufacturing and service sectors are "showing strains." The economic slowdown in Germany would not only affect the country itself, but also the other countries in the eurozone. The United States and Japan has also been briefly mentioned in this article on how they are doing in the economic growth. Things do not seem to be going too well for Japan, and although the U.S seems to be doing well, they cannot "carry the global economy on its own"
tiffanytrinh

Even In A Low-Growth World, Rates Can Rise - 1 views

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    A trend is shown where global interest rates gone "relentlessly downward over the past few decades". The rich are getting richer, leaving the rest of the group with less wealth. In addition to that, the rich have a "lower propensity to consumer", this has caused the aggregate demand to fall. It has been noticed that central bank rates have also "trended progressively lower". A conclusion has been made in the article that "as long as wealth and income inequality continue to widen, there will be a savings surplus."
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