Sentences with phrase «cent unemployment as»

The gap between rich and poor has increased, the number of homeless is growing, the nation has come to accept 7 per cent unemployment as economic success, and the existence of a trapped underclass is perceived as normal.

Not exact matches

The unemployment rate (6.2 per cent in August) is about as low is it ever gets, and could push lower still.
In Canada, the latest data from Statistics Canada shows that self - employment rose by 23,400 in June as the unemployment rate rose to 7.1 per cent in June.
This group of occupations has an unemployment rate of just over 1 per cent and wages that are «rising by an average annual rate of 3.9 per cent — more than double the rate seen in the economy as a whole.»
The unemployment rate in Western Australia was unchanged at 6.1 per cent in September, however it disguised a fall in employment as the number of people working fell by over 9,000 during the month.
The overall youth unemployment rate was 12 per cent, little changed from previous jobs reports, as more young people participated in the labour market.
An oil price crash and an unemployment rate that spiked to nine per cent last year did not cause the residential real estate market to crater, as some feared.
It predicts that unemployment will fall as low as 6.4 per cent next year, down from 6.5 per cent in its June forecast.
An unemployment rate of 6.2 per cent is very low by historical standards, as it has dropped below six per cent only a handful of times.
Accordingly, with the economy expected to pick up and the unemployment rate to come down gradually as the mining investment transition came to an end, the Board judged it appropriate to hold the cash rate at 1.5 per cent.
If our friends at Deutsche Bank are right in forecasting the US unemployment rate to decline from the current 17 year low of 4.1 per cent to 3.2 per cent by - late 2019, the US Federal Reserve are going to have a delicate balancing act as they lift the cash rate in trying to keep inflationary expectations under control.
Just five months ago, the bank's new governor pledged that the BoE would not consider tightening monetary policy until unemployment fell to 7 per cent so long as inflationary pressures remained in check.
While a low unemployment rate can indicate tight labour - market conditions, the 2017 average hourly wage of full - time and part - time employees combined grew by only 1.7 per cent — the lowest year - over-year growth since 1998 and more or less at the same rate as consumer price inflation.
In spite of those gains, the unemployment rate in manufacturing jumped from 4.5 per cent to 5.1 per cent, as the sector was unable to absorb a significant influx of new workers.
The unemployment rate for the euro area as a whole stood at 8.9 per cent in June, up almost 1 percentage point from the late 2001 trough.
The labour market has also remained weak, with the unemployment rate continuing to hover around 5 1/4 to 5 1/2 per cent, as has been the case for the past 18 months or so.
The unemployment rate has edged lower over the past few months to 6.1 per cent in September, and other indicators, such as new claims for unemployment benefits, are also showing signs of stronger labour demand.
As a result of this convergence, the unemployment rate is now below 7 per cent in all states for the first time since the 1970s.
The province's unemployment rate rose to 7.0 per cent from 4.7 per cent in 2015 and an ATB financial economist warns it could rise to as much as eight per cent before workers start leaving the province.
Not only are its people more polarized than ever over Puerto Rico's status question — whether to become a sovereign nation, become a state of the U.S. or stay as it is; it is the most impoverished North American territory, with an external debt of over $ 7 billion, an unemployment rate of more than 20 per cent, 65 per cent of its people on federal food stamps and 38 per cent who have an income below the poverty line.
To me, the greatest scandal of all is the bland indifference to this fact on the part of those who have the most power in our country: in many cities, 40 per cent of the young people are without work and may well belong permanently to a subculture of unemployment even after the economy as a whole recovers from recession.
All states except Western Australia recorded declines in employment and, naturally, Tasmania came in as the perennial holder of record with 7.7 per cent unemployment.
It is easy to see why commentators often point to the interaction between this «influx» of foreigners and the country's difficult economic context — the unemployment rate stands at 25 per centas the root cause of the crisis.
The 1950s and 1960s saw a very low rate of unemployment (around 3 per cent on average) as a result of the «postwar boom».
But the IPPR argues achieving full employment - which it defines as five per cent unemployment and an 80 % employment rate for the non-student working age population - could make a big difference to the UK.
There have been renewed concerns about the economy after official figures showed a 0.5 per cent jump in the rate of unemployment from the previous quarter as 164,000 people lost their jobs.
- As growth fell and unemployment rose, suicides among men rose by between 1.4 and 2.2 per cent, respectively;
As a result of the drought, grain prices rose 27 per cent between 2008 and 2010, and mass migration into slums with few job opportunities meant that unemployment soared in a mostly young population — a recipe for unrest.
In Spain, there is 92 per cent of unemployment as actors,» Bardem told PTI.
But they are slightly more optimistic about unemployment, predicting it could fall as low as 6.3 per cent in 2014, down from a low of 6.4 per cent forecasted in September.
An oil price crash and an unemployment rate that spiked to nine per cent last year did not cause the residential real estate market to crater, as some feared.
As the worst years of the Depression hit — causing 25 per cent unemployment, the closure of some 5,000 banks and the migration of hundreds of thousands of Americans to shantytowns — Evans spent two months in West Virginia and Pennsylvania.
In Denver, in a state with just three per cent unemployment, 10 per cent of employers that screen for drugs had dropped marijuana as of 2016, according to a survey by the Employers Council, which provides corporate legal and human resources services.
In Germany, the youth unemployment rate is as low as seven per cent.
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