It is critical as we begin to pull out
of the deepest recession in our history that we are strategic and objective
Companies are now awash in resumes — especially in the aftermath
of the deepest recession in 50 years.
My first year was tough, recruiting in the Construction sector in the middle
of deepest recession in living memory was no easy feat!
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.
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.
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.
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.
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.
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).
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.
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.
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.»
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.
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.
«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.
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.
This comparison points to the
deeper imbalances that brought on the US
recession in the first place — namely, the equity market correction, balance - sheet stress
in the US corporate sector, low profitability, and an investment overhang, particularly
in Information Technology (IT) and communications, all
of which weighed on the ability
of US businesses to invest.
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.
Then
in 2006, after 30 years, those tax breaks expired, companies pulled out
of the island, taking with them well - paying jobs and tourism, and the island fell into a
deep recession.
The large rise
in real wages at this time explains why the unemployment rate indicates a
deeper and longer
recession than the other indicators
of the cycle.
The totality
of the developed capitalist countries enters then
in a
deep recession.
The economic crisis, previously viewed as an indispensable ally
in helping the President enact the agenda, now appears as a malevolent agent, and a perversely ill - timed one at that, since, as Hendrik Hertzberg
of The New Yorker explained, «the longest and
deepest mass suffering»
of the Great
Recession,
in contrast to the Great Depression, «has occurred with Obama
in the White House.»
In 1982, Yoshida — then a karate instructor for the Oregon State Police Academy and other police training programs — lost many
of his clients to training budget and hiring cutbacks caused by the
deep recession of the early 1980s.
I have seen hordes
of American poor whites packed
in single houses begging the landlord for mercy month after month, while legions
of Indians strolled down gleaming Seattle streets, patronizing malls and coffee shops and enjoying the fruits
of high civilization
in the
deep of a
recession.
The business secretary raised eyebrows on Newsnight when he said he would «probably» do a good job
of being chancellor, just hours after official figures showed the UK was
in an even
deeper recession that previously thought.
In his first Budget Geoffrey Howe raised VAT and cut income tax, and during the
deep recession of 1981 he cut government expenditure.
[71][87] Support for Labour slumped during the
recession, and the general election
of 2010 resulted
in a coalition government being formed by the Conservatives and the Liberal Democrats, which made
deep spending cuts
in order to ease the budget deficit.
Labour spending never rose above 40 %
of GDP, and that was only
in the last financial year after two years
of deep recession.
They failed on boom and bust, Cameron says, and presided over one
of the longest and
deepest recessions in the world.
Listening to the opposition candidates fosters the impression that Ynys Mon is
deep in the mire, stagnating under the weight
of a
recession which has brought job losses and misery.
Education spending had peaked at an average
of $ 11,621 per student
in 2008 — 09 before the
deep global
recession caused states to slash their spending amid plummeting tax revenues.
Yet already it is hard to see how Gordon Brown's fiscal package can make much difference
in the face
of a
deep recession.
Even before the onset
of the UK's
deepest recession in a generation, official figures showed that only the better - off families were spared from a squeeze on living standards that saw median income virtually unchanged and fresh cuts
in real pay for those on the lowest salaries.
We remain
of the view that, on balance, Mr Brown remains the best leader to tackle the difficulties posed by what may be the
deepest recession in 60 years.
But the smart money (if there is any left) has to be on a far longer and
deeper recession than the Chancellor can bring himself to admit: job losses on the scale
of the early 1980s, an avalanche
of business failures and home repossessions and a debt mountain even more menacing than the Atlas conceded
in his statement.
On 9 December,
in his final pre-Budget report before the 2010 general election, Chancellor Alastair Darling said that the
recession had been
deeper than predicted during the Budget
in April, and that the government's programme
of quantitative easing had made a «real difference» to families and businesses.
I wonder if you understand, my Tory Friends, that you are popular ONLY because David Cameron is not Gordon Brown, the Tories are not New Labour and it is obvious now, even to the most complacent, that we are heading for a
deep recession in spite
of the oft repeated boast that Gordon Brown was the best Chancellor
of the Exchequer since King Alfred burnt the cakes?
«The real story
of the revised GDP figures is that the
recession was even
deeper than previously thought Main Your chance to be Alistair Darling escaping Ed Balls & Co
in the «Forces
of Hell» video game»
With the Euro getting ever nearer to collapse, the world economy moving
deeper into
recession, unemployment
in Britain predicted to surge above three million and the IMF warning that we are facing a decade
of depression unless the government does a massive u-turn, there are definitely more important matters to deal with than House
of Lords reform.
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.
In this case, incursions of circumpolar deep water onto the continental shelf are melting the ice stream at its base and encouraging grounding line recession, which results in a positive feedback loop and further grounding line recessio
In this case, incursions
of circumpolar
deep water onto the continental shelf are melting the ice stream at its base and encouraging grounding line
recession, which results
in a positive feedback loop and further grounding line recessio
in a positive feedback loop and further grounding line
recession.