Do recessions have a silver lining?
Recessions are a natural, unavoidable stage of the economic cycle that invariably bring hardship to individuals who lose their jobs or businesses...
Tag : unemployment
Great regret following the great US resignation
Many reevaluated their life choices and resigned during the pandemic. But rising inflation and fears of a recession are pushing people back into offices....
Iran lawmakers fire finance minister as economic woes mount
The country’s parliament voted Sunday to fire the country’s finance minister amidst the economic turbulence caused by America’s withdrawal from the nuclear deal...
ANC member Makhosi Khoza quits politics
“Retiring from politics means I will work with all citizens irrespective of their political affiliations,” says leader Makhosi Khoza...
US labour market continues to tighten
Wage growth raises inflation expectations...
Fall in unemployment benefits claimants in US
Fewer claims than anticipated in the last week of December...
US Fed hikes interest rate
The hike is only the second since 2008 IFM Correspondent December 15, 2016: Citing an improving economy, the US Federal Reserve raised its key interest rate on December 14 for the first time in 2016 by a quarter percentage point. In a statement after a two-day meeting, the Fed said policymakers unanimously agreed to lift...