Browsing Tag

Jobs

The Tale of Two Americas

Editor’s note: The US government reported that the unemployment rate fell to 9.1%, with non-farm payrolls at +117,000. That exceeds forecasts. However, the labor participation rate was down to 63.9, the lowest since 1983. People are still…

Spain’s High Risk Election Process

As Mr Zapatero put it on Saturday, when he announced the date of Spain’s general election, the decision “is in the country’s interest” since from now on there will be certainty, and “certainty is stability”. While it is quite possible that…

On HSBC and jobs

The job cuts are principally in the United States and Europe and the job hires are in the emerging markets. This is a significant shift away from the developed economies, which are mired in a debt crisis to areas of the world which are…

Staring into the eye of recession

After the US GDP revisions we saw on Friday, it is clear that the US economy is at stall speed. But globally, we are seeing a slowdown in Europe and emerging markets too, especially China. And the fact is monetary and fiscal policy are…

Investing in a world of austerity

If you are an investor, businessperson or employee, what you care about is outcomes. You want to know what’s likely to happen in the economy and in the markets. That is what this site is all about. What I see says that cuts were coming.…

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