Sentences with phrase «of deep recession»

economy out of a deep recession, your chances of finding job depend a lot on where you live and what industry you're hoping to work for.

A few years ago, in the aftermath of the deep recession, a lot of ordinary citizens suffered financial losses that damaged their credit history.

After two years of a deep recession that put employees at a disadvantage in the job market, it can be hard to imagine employing the sort of career strategies and tactics that were common the decade before.

However, the model had been used to trace the energy impact of a deep recession — giving credibility to the recession - and - recovery scenarios that were created and presented to Shell's executive committee within days of the Lehman Brothers collapse in 2008.

Yet already it is hard to see how Gordon Brown's fiscal package can make much difference in the face of a deep recession.

Labour spending never rose above 40 % of GDP, and that was only in the last financial year after two years of deep recession.

Six years after the start of a deep recession and a growing call for more middle - class manufacturing jobs, one American industry is tackling workforce development in a unique way.

Not only did he want continuity at the Fed, but the president said he needed Summers by his side in the White House as he tried to lift the economy out of a deep recession, according to people familiar with the conversation.

And though economic recovery has begun, Albertans still feel the scars of the deep recession and oil - price plunge.

The first Obama term coincided with the onset of a deep recession caused by a financial meltdown.

Hilary Stout illustrated this problem in The New York Times in June: «After all, the millennial generation has less wealth and more debt than other generations did at the same age, thanks to student loans and the lingering effects of the deep recession,» she wrote.

The economy had slowed and was on the verge of a deep recession.

The province may finally be crawling out of its deepest recession since the dreadful 1980s, but it's a slow crawl, and years will pass before the economy makes up the ground it lost.

Vanguard's doing something right to find companies that have grown dividends at a compound annual rate of 7.2 % per year through one of the deepest recessions in history.

He described Ed Balls as the architect of the deepest recession, the biggest budget deficit and the largest housing crash.

Vanguard's doing something right to find companies that have grown dividends at a compound annual rate of 7.2 % per year through one of the deepest recessions in history.

On top of that, we were in the midst of the deepest recession we've had since the Great Depression.

My first year was tough, recruiting in the Construction sector in the middle of deepest recession in living memory was no easy feat!

Companies are now awash in resumes — especially in the aftermath of the deepest recession in 50 years.

It is critical as we begin to pull out of the deepest recession in our history that we are strategic and objective

Not exact matches

In 2009, state - sponsored bank bailouts led to widespread panic; despite deep budget cuts, Ireland plunged into the deepest recession of any EU country.

«Deep recessions will occur, but the majority of episodes of recessions of sequential negative growth are likely to be shallow, and less painful.»

«2015 was hardly the best of times for Alberta and Saskatchewan, but the underlying strength of Ontario and Quebec helped prevent Canada's economy from sinking into a deeper recession.

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:

Russian markets, in recovery mode following a deep recession after the global oil price collapse in 2015, have been ravaged since Friday over fears of U.S. sanctions.

«The 2017 stress test shows the UK banking system is resilient to deep simultaneous recessions in the UK and global economies, large falls in asset prices and a separate stress of misconduct costs,» the BoE said.

The head of the World Trade Organization warned of a real risk of triggering an escalation of global trade barriers and a deep recession, even as financial markets and many economists started to discount the risk of a global crisis.

Things start out looking pretty dire, as the economy fell into its deep recession through mid-2009, with the S&P 500 reaching a minimum in March of that year.

It was also the deepest Canada's real GDP plunged into negative territory in nearly six years, when it fell by 3.6 per cent during the recession - battered second quarter of 2009, Statistics Canada said.

Whatever the arguments about fiscal policy's effectiveness in countering deep and lasting recessions, of a kind the world faced in 2008, it was never envisaged that it should be wheeled out the minute economic growth fell below two per cent.

For example, in the first year of recovery following the deep recessions of 1973 - 1975 and 1981 - 1982, real consumer spending increased an average of 6.5 percent and residential investment rose an average of 38 percent.

In this new normal, recessions will tend to be longer and deeper, recoveries slower, and the risks of unacceptably low inflation and the ultimate loss of the nominal anchor will be higher (Reifschneider and Williams 2000).

Much of the shortfall through the first year of President Obama's second term dates back to the deep hole he inherited from George W. Bush as the economy plunged into the Great Recession at the end of 2007.

It was a world characterised by massive swings in our terms of trade, and a very serious international financial crisis followed by a deep global recession, not to mention the effects of the adoption of «non-conventional» policies in the major jurisdictions.

«My children were teenagers when I first opened CMIT Solutions in 2009, during the deepest part of the recession.

The economy would have been thrown into a much deeper and longer recession than actually occurred; a temporary stimulus program would not have been permitted; departmental operating budgets would have been frozen beginning in 2009 - 10 and continuing to long past 2015 - 16; the salaries of all Cabinet Ministers and Deputy Ministers would have been frozen beginning in 2009 and lasting long past 2015.

The paper says the global economy is now «almost certainly headed for a deep and prolonged recession,» and notes that global markets have already fallen as far as they did in the Great Crash of 1929.

Their final «stylised fact» provides an accurate description of the subsequent Asian problems: «The «over-borrowing» episode culminates in a financial crisis, capital flight and recession — often forcing an uncontrolled deep devaluation of the currency, with a resurgence of inflation.»

Two years before the 2008 Wall Street crash that toppled the global economy into deep recession, Harper's Magazine published a dark prophecy of what was to come.

Most recessions are punctuated by at least one quarter of positive GDP growth, followed by a deeper downturn.

Under the more adverse scenario of a longer and deeper recession, the two - year loss rates on average across the 19 banks were projected to be as high as experienced during the Great Depression.

But at the same time, there is always a recession out in front of us; and that fact of life is what makes for long and difficult recoveries, not to mention very deep bear markets.

One of them is that deep into an expansion, higher economic confidence reduces the likelihood that many markets will panic at the same time, and means market - specific stories are often bigger drivers than the more binary question of «recession, or not?»

I've made no secret of the fact that the independent data I follow suggested the 3Q GDP figure is around -2 % and that the 4th quarter is likely to show we're deeper yet into a recession.

But even though these periods shared deep recessions, the direction of inflation during these periods differed.

With stocks at currently high multiples on normalized earnings, that type of scenario would probably increase the odds off a deep recession and induce a much larger decline in stock prices.

A consensus on the need for FTAAP to defend and facilitate open and deeper economic ties has evolved amid the recession and threats of global protectionism.

«The Fed is making it appear they are compassionate when really they are the architect of the coming deep recession,» contended Michael Bolser, the author of an investment analysis newsletter published daily in conjunction with his website InterventionalAnalysis.com.

It's one thing to have trillion - dollar deficits during a deep recession, but to create permanent trillion - dollar deficits projected during a time of economic expansion is the definition of irresponsibility.

As we know, the materialisation of some of the risks that had built up in the financial system, followed by a financial crisis, deep recessions and slow recoveries, has meant that much more has been demanded of central banks in recent years, especially those in the major jurisdictions.