Sentences with phrase «of deepest recession in»

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 recessioIn 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 recessioin a positive feedback loop and further grounding line recession.
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