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Arla Takala

Unemployment and Inflation Rise in Euro Zone - NYTimes.com - 0 views

  • Unemployment
    • Arla Takala
       
      Unemployment means people who are willing and able to work for that set income but there are no jobs available for them. 
  • inflation
    • Arla Takala
       
      Inflation is the increase in general price level (GPL) over a set period (usually over a year)
  • climbed
    • Arla Takala
       
      Inflation has increased; prices are higher
  • ...4 more annotations...
  • 10.7 percent from 10.6
    • Arla Takala
       
      The unemployment rate rose by 0.1% in a month
  • Italy and Greece
  • 10.1 percent in January from 10.0
    • Arla Takala
       
      For the EU countries, the unemployment rate increased by 0.1%
  • 24.3 million
    • Arla Takala
       
      24.3 million unemployed. The total population of the EU countries is 503 million. 
Derek Schwung

Euro-Zone Inflation Slows - WSJ.com - 0 views

    • Derek Schwung
       
      Macroeconomics - Government Policy Tools ECB and Monetary policy Inflation level is slowing down. 
  • The annual rate of consumer-price growth in the 17 nations that use the euro slowed to 2.4% in May from 2.6%
    • Derek Schwung
       
      Consumer-price growth is states as cause. 
  • ...4 more annotations...
  • The statistics office's preliminary release didn't give a breakdown to show why inflation fell.
    • Derek Schwung
       
      Doesn't give reasons to why --> gives you more room to analyze. 
  • May's reduction in the euro-zone inflation rate still leaves price growth above the ECB's target level of just below 2%
    • Derek Schwung
       
      Reaches target 
Adam Seldis

German Jobless Rate Hits Low - WSJ.com - 3 views

    • Derek Schwung
       
      Unemployment rates in Germany at a record low Debt crisis in euro zone not affecting 
  • The seasonally adjusted unemployment rate fell to 6.7%—the lowest since comparable records began in 1998—from 6.8% in April, according to data from the country's labor agency Thursday. Economists had expected the adjusted unemployment rate to remain at 6.8%.
    • Derek Schwung
       
      Fell by .1% from April to May. Lowest since comparable records begann in 1998 
  • ...9 more annotations...
  • 2.855 million from 2.963 million
    • Derek Schwung
       
      Figures for a graph 
    • Nich Fabrici
       
      Maybe a Phillips Curve Analysis would be interesting?
  • Germany's economy grew by 0.5% in the first quarter of 2012
    • Derek Schwung
       
      Possible cause to decrease in unemployment 
  • Earlier Thursday, Germany's statistics office reported a higher than expected rise in retail sales in April, which economists attributed in part to the robust labor market.
    • Derek Schwung
       
      Another cause 
  • However, Germany's Bundesbank warned last week that the first-quarter growth figure likely overstates the country's trend pace. Germany's powerful industrial sector will only make "a relatively small contribution" to growth given the still falling demand from the euro zone, the central bank said. However, a significant growth contribution could come both from construction and consumption, it added.
    • Derek Schwung
       
      Hint at what will happen in the following year
    • Adam Seldis
       
      Look at it from AD/AS diagram perspective. What might also be the consequences?
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