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Annabelle b

Unemployment - 1 views

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    We started macroeconomics and I thought finding an article about unemployment would hit the target! So this article discusses how the government keeps track of how many unemployed citizens there are. It's called the Current Population Survey which is conducted monthly by the federal Bureau of Labor Statistics. If you've ever heard of the Census, it's kind of like that. The article also looks at how the unemployment rates have increased or decreased throughout the years and how there are some citizens that do not fit either category "These people are not employed, but they also don't fit the government's definition of the unemployed." The government is searching for ways to improve unemployment.
David s

Unemployment in France hits 14-year high - 1 views

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    France was one of the last European countries to really feel the effects of the global recession, but now unemployment is increasing. The labor rules in France apparently make it difficult to fire workers, but the French president and worker's unions are working together to draft new legislation that can assist the firms in France by giving them more flexibility.
Annabelle b

Eurozone unemployment hits 11.9% - 0 views

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    This article discusses how there are 17 countries that use the euro -- and the unemployment rate increased to 11.9% in those countries. It mentions how in Greece the unemployment rate grew to 27% because the country is bankrupt, therefore, the government cannot afford to employ people.
Maya m

More Unemployment - 0 views

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    They had big issues with unemployment in bordering countries, now it is Algeria's turn...
Andreas k

Australia adds 71,500 jobs, the biggest jump since 2000 - 1 views

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    Although new jobs are created, there is no improvement on the unemployment rate, which remains at 5.4%. However this is a sign of economic improvement in Australia. And the 71,500 are just a start, more jobs were planed for February (9000). In 2011 Economists have predicted a resource boom, due to the monetary policy by the governor Glenn Steves. The bank has tried to boost certain sectors in the economy, however he kept the interest rates at 3%. That might cut into the current boom and slow it down. The main concern is on the value of the Australian dollar.
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    Even though there had been a rise in total workforce, unemployment has not improved and remained at 5.4%. Nevertheless, there are optimistic signs of economic improvement for Australia.
Martina d

Teenagers' 'mismatched' job ambitions - 0 views

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    The article talks about the unemployment created not because there are no jobs, but because there are the wrong jobs. Teenagers want to apply for jobs where there are no spaces available, which causes them to be unemployed since they won't take other jobs.
Jan d

Turkey to Provide Egypt $2 Billion in Aid - 0 views

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    Basically, article is about Egypt's endeavor to find foreign investors for financing infrastructure projects and increasing its dwindling foreign currency reserves. Two of the most important terms derived from the week 2 are scarcity and opportunity cost. Turkish investments of $20 bn dollars and 500 mio euros from the EU (depending on Egypt securying the loan from IMF) in Egyptian infrastructure and foreign currency reserves deficit have an opportunity cost of spending that amount of money for other purposes. In this article, Egypt's foreign currency reserves and budget are scarce, so Egypt wants to get money to reduce unemployment rate via economic growth (4.5 %). Here we also have the factor of production - this is capital which comes from investments in physical capital (infrastructure) and in my opinion also human capital (reducing unemployment, improving education and healthcare perhaps ...). One thing that will be crucial for Egypt is the factor of entrepreneurship.
Maya m

Japanese companys down - 0 views

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    Because of the decreased amount of work opportunities the unemployment rates go higher. That is bad enough for any country, and even worse for a country like China who are dependent on their production and export. The scarcity of work opportunities get bigger, and creates competition on the market. This will contribute to a poorer population since the competition gets higher and people then work for less money.
Jan d

US durable goods orders fall in January - 0 views

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    Fall in demand for durable goods (orders for durable goods in the US fell 5.2% in January) means also fall in aggregate demand. Falling aggregate demand - the total spending on goods and services implies firms will start to lay off workers and unemployment rates are likely to rise. According to the business cycle, at current point there is a negative output gap, because economy is producing below its long-term trend economy can sustain.
Sebastian a

China's bank warns on inflation - 1 views

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    the article talks about the warning Chinese bank is giving to the country on inflation. China is on "high alert" because of a reported jump in inflation of a 3.2%. China must really pay attention to inflation this time because as Mr. Zhou said in the past some economists thought that a high inflation was no big deal and they could control it after the economic growth but international experience show that it might not be correct.
Stephen b

Austerity, like supply side, is a scam - 0 views

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    Now, I'm not much of the political type but, when I saw this title, I have to admit it drew me in. After about the first five or six sentences you can tell this is an article from the far left of the political spectrum (that being the hardcore democrats), but what I found really interesting about this article was how it looked at supply-side policy as this conservative dooms day device, rather than a neutral policy that can be used to anyone's advantage. I still think it is a strategy with its pros and cons, just like monetary or fiscal policy, yet it is interesting to see how it might benefit one social group more than another and how its implementation can lead to many economic issues.
Sebastian a

2013 to see slow economic growth in the us and an increase in 2014. - 0 views

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    US economies are still growing after thee great recession and according to economists the US should see an increase in economic growth by 2014. It is also mentioned that unemployment rate will continue to decline as economic growth becomes faster.
Andreas k

America's job recovery - 1 views

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    The article talks about the recent recovery of american jobs. There is a annual real GDP growth of 2.2% to 3.0% by 2013. Also the unemployment rate will decrease from 9.3% to 6.9% by 2013. America is slowly recovering.
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    The Article referrs to how the government has to interact, to improve employment and annual real GDP
Annabelle b

US creates more jobs than expected, eases growth fears - 0 views

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    This article discusses how the government is creating jobs because they want to help stimulate economic growth. There were many people people were unemployed "12.3m unemployed who have been without work for more than six weeks" and the creation of the jobs is due to the increase in taxes.
Martina d

Despite warnings on U.S. defense cuts, little action to stop them - 1 views

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    This article is really interesting, since it talks about possible cuts made by the government in the U.S defense. This is macroeconomic activity since there is a government intervention which would cut thousands of jobs and therefore increase the unemployment in the country. This is a kind of macroeconomic activity which involves the USA defense as the firm and the households which are all of the people working for the defense of the country.
Daniel k

American jobs - 0 views

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    The article talks about unemployment and government intervention in that topic.
Jan d

Swiss economic growth outpaces expectations - 0 views

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    This article is just one out of many which focus not on economic development but on economic growth. I have to admit that I am occasionally annoyed by the fact that most emphasis is always put on the pure increase in the real GDP or share of an industry relative to the country's economic performance. I think we should much more often apply a more expansive review of the economic growth, which is economic development. The latter tells you a lot more about the health, education, and income factors and can serve a very useful purpose in the context of what I call "holistic growth" that comprises different elements, not just purely economic performance as such. While I am happy to hear that Switzerland is doing great and its largely highly skilled workforce based economy is in the expanding phase, I am much more eager to hear how people have more disposable income, better healthcare system,... which is fortunately the case for Switzerland, however, also the perpetual growth in Switzerland has been faced with an increasing fear of possible rising unemployment rates.
Sebastian a

Predictions of Euro getting even higher - 0 views

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    There have been predictions of the Euro increasing by a .9% over the next year which are thought to potentially affect unemployment rates especially in Spain. Also, higher currency values are being linked to higher export prices from the European region. Even though export prices are higher, economists predict they will "keep growing despite the stronger currency"
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