Today's Statscan release «Incomes of Canadians» provides data for 2009 and a partial reading on
the impacts of the recession.
The reason for the lower estimate is
the impact of the recession on corporate profits.
• Counter-cyclical, meaning they are capable of reducing the negative
impact of recessions, because they can make money available for local governments and businesses precisely when private banks decrease lending.
Lisa Kahn, an economist at Yale, has studied
the impact of recessions on the lifetime earnings of young workers.
But analysts also failed to accurately gauge
the impact of the recession on energy use, and feed - in tariffs [long - term contracts for renewable energy at a fixed price per kilowatt - hour] did not take into account falling demand.
«The austerity regime that we've seen and
the impact of recession; everything has hit the poorest and most vulnerable hardest.
The organization's website provides free downloadable research reports on such topics as the economic benefits of high - quality early childhood programs and
the impact of the recession on employers.
After feeling
the impact of the recession, the former TV journalist began sharing her money - saving tips with other local moms.
The daily headlines screeching about
the impact of the recession masks the reality that for the overwhelming majority of businessesdeals and delivery are happening.
DiNapoli says this has caused tension in some towns already, and the lasting
impact of the recession could make this issue even more pronounced moving forward.
An important point is also raised about
the impact of the recession on the proportion of children receiving free school meals.
Since 2008, the year when
the impact of the recession began to be felt, the number of births has fallen nearly 13 percent, according to data released last week by the National Statistics Institute (INE).
To add insult to injury, our political classes have ensured that those «with the broadest shoulders» have been able to protect and in many cases, add to their wealth whilst those who had no hand whatsoever in the crisis are having to deal with
the impact of the recession head - on by way of pay cuts, pay freezes, redundancy and the systematic erosion of employment rights, all in the name of «economic necessity».
It is very difficult to model
the impact of the recession on child poverty.»
If we knew that the financial crisis was about to happen then one could argue that Labour would have delayed some of the pre-crisis spending to help in buffering
the impact of the recession.
Shadow DEFRA minister Anne McIntosh wanted to know about
the impact of the recession on giving to churches:
«Our analysis underscores the need to look beyond income based poverty statistics in order to fully realize
the impact of the recession on individual's well - being.»
i've done ten surveys on
the impact of the recession, and looking at and modifying the provision of benefits (pension or health) is something that came on the radar in the last two or so iterations of the surveys.
Researchers at UCLA's Institute for Democracy, Education and Access interviewed 87 elementary, middle and high principals across California to gauge
the impact of the recession and budget cuts on student welfare and school learning environments.
Between
the impact of the recession on people's retirement savings and the outlook for Social Security, there's a lot of doom and gloom in the forecast.
But no, during the bubble years, Greenspan was lionized for keeping the economy going smoothly — limiting
the impact of recessions.
Far fewer
impacts of the recession were seen here, making recovery all the faster for the citizens of Cary.
«After the release of the Pension Protection Act and
the impact of the recession, many people found that they didn't have the stomach for investment decisions,» Thompson says.
Access to credit fell in 2008 and 2009, particularly for subprime borrowers, but
the impact of the recession is the likely culprit, the study said.
This could also the limit
the impact of the recession on many neighborhoods which could suffer blight of various types due to homes standing empty for long periods of time.
Overall, the lingering
impact of that recession may ultimately mean some 427,000 fewer children being born over the course of a couple decades, the authors say.
It is obvious that
the impact of the recession is still being felt, says John Stottele, owner of The Family Puppy, a chain of five stores in Michigan and Ohio.
In the first big study of
the impact of the recession on climate change, the IEA found that CO 2 emissions from burning fossil fuels had undergone «a significant decline» this year - further than in any year in the last 40.
This week on the legal affairs podcast Lawyer2Lawyer, we look at
the impact of the recession on lawyers and the legal profession.
Henderson, who studies law firms as business organizations, has been featured in a number of recent news articles about
the impact of the recession on the legal profession, including pieces in The National Law Journal, Crain's Chicago Business and The New York Times.
We are meeting — and will continue to meet — the increased demand from clients struggling to deal with
the impact of the recession by increasing the amount of appropriate local services.
Far fewer
impacts of the recession were seen here, making recovery all the faster for the citizens of Cary.
Early in my entrepreneurial journey, once my board and I had digested the full
impact of the recession that was ravaging our national economy, I faced the horrible task of closing a regional office that employed 50 people.
NYT reporter Lisa Belkin describes some of the preliminary
impacts of the recession on flex - time policies, on site child care, and nursing mom benefits.
The top 25 hotel markets in the U.S. had an average occupancy growth of 5 percent in 2014, as the industry proved it is just about fully recovered from the devastating
impact of the recession.
Despite their heavier debt loads and the additional risk that it brings, a survey of self - employed Canadians, conducted the first week of March, found that self - employed Canadians remain split on
the impact of the recession on their stress levels.
Not exact matches
And, if you think about the children in that house and how the length and depth
of that
recession really
impacted people, I think you have an entire generation with permanently changed spending habits.»
And the lingering fear
of a double - dip
recession or an economic contraction due to Washington's fiscal crisis has had a big
impact on the way firms like SEP must manage their U.S. accounts.
On that note, let's look at the report released by the Bureau
of Economic Analysis last week highlighting the fact that our
recession ran deeper then and, in my opinion, continues to significantly
impact us now:
One fifth
of all consumers have low credit scores, in part because
of the lingering
impact of the Great
Recession.
Moreover, CBO's latest baseline assumptions predict earnings to grow faster for high - income earners than for others in the next decade, [32] suggesting that the Great
Recession and financial crisis may have had only a temporary
impact on the rising trend
of income gains at the top, much as the
impact of the dot - com collapse in the early 2000s was only temporary.
A major
recession could,
of course, have a major
impact on the industry - and potentially make this forecast too high.
The massive and multifaceted policy responses to the financial crisis and Great
Recession — ranging from traditional fiscal stimulus to tools that policymakers invented on the fly — dramatically reduced the severity and length
of the meltdown that began in 2008; its effects on jobs, unemployment, and budget deficits; and its lasting
impact on today's economy.
As Figure 1 shows, the
impact of this failed acquisition in terms
of both stock price and return on invested capital (ROIC) was similar to the ’08
recession.
Edwards added that he believes the
recession is now here (hence his «ultimate» adjective), «just as it was in the fall
of 2011 until global coordinated easing injected trillions and masked its
impact, and will manifest itself unless the global central banks step up far more aggressively and tune out reality once again.»
No one could have forecast the fiscal
impact of the latest
recession.
Today's release
of the annual Income in Canada report is Statistics Canada's first word on the
impact of the Great
Recession on Canadians» incomes.
Americans ages 65 + on the other hand, have on average been much less
impacted by the great
recession, experiencing a net worth decline
of just 6 % between 2005 and 2009 vs. a 28 % decline among all Americans according to a recent Pew Research Center study.
Thus «the most reliable indicator
of the stance
of monetary policy, nominal GDP, is already showing the contractionary
impact of the Fed's policy decisions,» says Lacey, «signaling that its plan will result in further monetary tightening, or worse, even
recession.»
Because
of that, a
recession could have a big
impact on the economy.