RSS Feed

Calendar

March 2024
M T W T F S S
« Feb    
 123
45678910
11121314151617
18192021222324
25262728293031

Search

Tag Cloud

Archives

Bloomberg (September 1)

2023/ 09/ 02 by jd in Global News

“That jump in the unemployment rate was not a reflection of companies firing workers in anticipation of a slowdown.” A “very large 700,000 increase” in job seekers “caused the labor force participation rate to jump to 62.8%, the highest since before the pandemic.”

 

Institutional Investor (September 3)

2015/ 09/ 04 by jd in Global News

“Is 3 percent economic growth a thing of the past?” In the U.S., “gross domestic product (GDP) growth has averaged 3 percent a year since 1960, but only 2.1 percent since the global financial crisis ended in 2009.” Economists increasingly think that “sluggish labor force expansion and productivity may stymie the kind of U.S. economic growth seen in the second half of the 20th century.” Many now “expect growth of about 2 percent to prevail for the next decade.”

 

New York Times (February 11)

2015/ 02/ 12 by jd in Global News

“It is inevitable that India will eventually grow faster than China for the simple mathematical reason that it is easier to make a small economy bigger than it is to increase the size of a larger one.” On top of that, “China’s population is aging and its labor force is shrinking whereas about half of Indians are 25 or younger and its work force will be expanding for many years to come.”

 

New York Times (June 10)

2013/ 06/ 12 by jd in Global News

“Those who see Japan’s performance over the last decades as an unmitigated failure have too narrow a conception of economic success. Along many dimensions—greater income equality, longer life expectancy, lower unemployment, greater investments in children’s education and health, and even greater productivity relative to the size of the labor force—Japan has done better than the United States. It may have quite a lot to teach us. If Abenomics is even half as successful as its advocates hope, it will have still more to teach us.”

 

Wall Street Journal (May 4)

2012/ 05/ 06 by jd in Global News

“The unemployment rate fell a tick to 8.1%, albeit mainly because the labor force shrank by 342,000.” This is a major worry. In April, the civilian labor participation rate fell to 63.6%: “the second decline in a row and the lowest rate since December 1981.”

 

[archive]