Tagged: unemployment

Austerity Measures Backfire in Greece

The austerity measures that were supposed to fix Greece’s problems are dragging down the country’s economy. Stores are closing, tax revenues are falling and unemployment has hit an unbelievable 70 percent in some places....

Aruoba-Diebold-Scotti Business Conditions Index

The Aruoba-Diebold-Scotti business conditions index is designed to track real business conditions at high frequency. Its underlying economic indicators (weekly initial jobless claims; monthly payroll employment, industrial production, personal income less transfer payments, manufacturing...

US jobless claims rise..

US jobless claims rise..

Jobless claim rise as labour market struggles with slowing US economic activities. Problems with US economy doesn’t seem to ending in any way. Unemployment benefits increased by 19000 last week to reach 479000 as...

Euro zone Economies: Trying the way OUT!!

16 country economic merger which was on the verge of collapse few months ago is now finally gaining some momentum. Instability in the region had almost made double dip seem inevitable. Greece, Spain, Argentina...

US figures round up for Q2 2010-11

US Q2 GDP growth is expected to be 2.5% which is less than last quarter growth of 2.7%. Many economist fear that US economy is now stalled as it has been showing almost constant...

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