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Arla Takala

Spain unemployment hits record high - Europe - Al Jazeera English - 0 views

  • unemployment
    • Arla Takala
       
      One of the 4 primary macroeconomic objective
  • jobless rate of 24.4 per cent in first quarter,
    • Arla Takala
       
      Governments set target for unemployment is about 5% each year
  • "BBB "
    • Arla Takala
       
      Bond credit rating--> BBB - has adequate capacity to meet its financial commitments
  • ...5 more annotations...
  • The figures are terrible for everyone and terrible for the government
    • Arla Takala
       
      Terrible for everyone: --> no job = no income --> less spending Terrible for government: --> decrease on government revenue --> government has to spend more money on unemployment benefits --> government is receiving less money and spending more money --> budget deficit
  • economy to shrink
    • Arla Takala
       
      Negative economic growth can cause recession
  • fiscal
    • Arla Takala
       
      Government policy that focuses on taxes and government spending to improve the economy
  • S&P predicts the Spanish economy will shrink by 1.5 per cent this year, having previously forecasted growth of 0.3 per cen
    • Arla Takala
       
      Decrease in GDP due to decrease in consumer spending
  • It added that Spain's commercial banks are increasingly leaning to official sources for funds as they struggle to deal with piles of bad loans, especially in real estate.
    • Arla Takala
       
      Decrease in government spending
Melanie Arxhoek

French unemployment hits 13-year high - 0 views

  •  
    The number of unemployed people in France has broken past the three million barrier for the first time since 1999, the country's leaders say. The latest total adds pressure on President Francois Hollande, whose administration is under attack four months after taking power for not doing enough to fix the economy.
Yayoi Tanikawa

BBC News - Japan retail sales and household spending continues in April - 2 views

  • sales and household spending continues in April Japan has been trying to boost domestic demand to sustain its economic growth Continue reading the main story Related Stories Sales tax hike is a bitter pill
  • continues
  • sales
  • ...10 more annotations...
  • Retail sales climbed by 5.8% from a year earlier, while household spending rose by 2.6%.
  • Policymakers have been trying to boost domestic sales to offset weaker exports.
  • pan has been trying to boost domestic demand to sust
  • Car subsidies
  • t consumer sentiment was also improving
    • Yayoi Tanikawa
       
      if consumer sentiment improves, they will be more willing to consume, therefore increasing AD
  • Last year people didn't travel much after the earthquake, but this year we see people willing to spend more money on vacations
  • actually 0.3% lower in April than they were in Marc
  • retail sales were
  • rate of unemployment ticked slightly higher in April, hitting 4.6% compared with 4.5% in March.
  • "We would need to see an increase in salaries for consumption to improve further,
Adam Seldis

Kenya inflation slows to 12.2 pct in May | Reuters - 5 views

    • Adam Seldis
       
      This nicely allows some evaluation, as we can speculate on to what evaluate the government should change interest rates
    • Adam Seldis
       
      I could use this to introduce the relationship between interest rates and exchange rates. However that's more international economics so I might just ignore it. 
    • Adam Seldis
       
      This is a nice article that allows me to explain what inflation is and how Kenya has cost-push disinflation. I can easily show this in a diagram. What's more it also talks about monetary policy, so I can explain how the government has helped create this - the impact of interest rates on costs. There are also some really good evaluation opportunities, particularly as the article suggests the Kenyan government itself doesn't know what to do with interest rates. I can ignore exchange rates but instead focus on the possible impact on employment and general GDP growth, whilst not ignoring the ominous signs mentioned about future world commodity prices.
Nofar Lapidot

August exports grow 2.7% while imports drop 4.7% -- Shanghai Daily | 上海日报 -- ... - 1 views

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    exports and imports in China affect the GDP
Cynthia Huang

Fed unveils new bond-buying program - Taipei Times - 1 views

  • holding their money unused would essentially cost them
  • keep its benchmark interest rate at ultra-low levels until at least the middle of 2015
  • pushing up the prices of homes, stocks and other assets
  • ...2 more annotations...
  • going to provide the demand most firms need to be able to hire or invest.
  • The jobless rate would still be in the 6.7 to 7.3 percent at the end of 2014, while inflation would remain at or below the Fed’s 2 percent target through 2015
tom takakuwa

Unemployment tipped to rise in May | News.com.au - 0 views

  • An AAP survey of 15 economists shows a median expectation for unemployment to rise to 5.1 per cent in May
  • The participation rate, the percentage of people in work or looking
  • for work, is
  • ...12 more annotations...
  • expected to remain unchanged at 65.2 per cent
  • 15,500 to 11.501 million
  • THE unemployment rate is likely to spike in May as wea
  • ing global and economic conditions take their toll
  • on the jobs market.
  • weaken
  • the domestic economy, as well as global market instability
  • we had the mining boom which has now morphed into an investment boom
  • two exceptionally strong months of jobs growth, which just doesn't gel with all the anecdotes we've been hearing about layoff
  • he expected the participation rate to have risen,
  • but this would not have a negative impact on unemployment.
  • "We still think the labor market is quite strong and an unemployment rate of 5.1 per cent is close to the definition of full employment.
J Hwang

China cuts interest rates - 1 views

  •  
    -macroeconomics -Monetary Policy - China's central bank decided to decrease interest rates -however, the lending rate is still much higher than that in USA, Europe and Japan. -recently China decreased the reserved ratio as well. -Eurozone crisis - decrease in demand for exports - damaging to Chinese economy -previously, China raised interest rates to decrease inflation --> however led to a slowdown in economics growth
Aili Saito

BBC News - UK economy in double-dip recession - 1 views

  • double-dip recession
    • Aili Saito
       
      can be represented by a AD/AS graph (shift left in AD) -> leads to recession
    • Aili Saito
       
      UK was once in recession and they returned back into recession soon after
  • construction output
    • Aili Saito
       
      the demand of construction decreased and the AD decreases (shifts to the left)
  • economic output was slightly smaller now
    • Aili Saito
       
      again, there was a decrease in AD
  • ...6 more annotations...
  • everything we can" to generate growth
    • Aili Saito
       
      this could be monetary/fiscal policies
  • production industries decreased by 0.4%, construction decreased by 3%
    • Aili Saito
       
      both examples of why AD has decreased that lead to recession
  • government spending
    • Aili Saito
       
      a fall in government spending = leads to a fall in AD (AD=C+I+G+(X-M))
  • 25% in public sector housing and 24% in public non-housing and with a further 10% cuts to both anticipated for 2013
    • Aili Saito
       
      the decrease in government spending has surpassed the anticipated increase in other factors of AD
  • guarded optimism
    • Aili Saito
       
      there seems to already be business/consumer confidence
  • little more aggressive in terms of recruitment and investment.
    • Aili Saito
       
      the government wants to increase business confidence 
Nofar Lapidot

Boost in US exports could create 5m jobs by 2020 -- Shanghai Daily | 上海日报 -- ... - 0 views

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    Increase in exports may cause lowered un employment
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