Sentences with phrase «of effect of the recession»

I graduated in 2009 right at the height of the effects of the recession and believe me, it was a really hard time to be entering the working world, especially as someone with a degree in Art.
The company's strong portfolio of high quality consumer food and beverage products insulates it from much of the effects of recessions.
The Task Force was a project of immediate past president of New York Bar Association Stephen Younger — undertaken because of effect of the recession in 2007.
One of the effects of the recession is that the public realizes Wall Street is not a safe retirement plan.

Not exact matches

Since last year, Peninsula Shops has signed up about 80 businesses, many of which, facing competition from big - box retailers and feeling the effects of the recession, desperately needed a new tactic to get customers in the door.
By keeping interest rates artificially low, through a program called quantitative easing, the central bank tried to mitigate the negative effects of the recession by promoting investment in other asset classes.
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.
He had a tendency to respond to questions about when the Canadian economy might shake off the effects of the Great Recession with, «I don't know.»
A topic of intense debate among economists is what the size of the labor force would be absent the effects of the great recession.
This is what Federal Reserve Chairman Ben Bernanke called the fiscal cliff, and he and many other economists worry that if all of these tax increases and spending cuts take effect simultaneously, the U.S. will send itself into a self - inflicted recession.
But there, too, it's impossible to fully separate out the effects of the recession (loans going bad, borrower demand drying up, revenue shrinking) from the effects of the post-crisis regulation (increased compliance costs and business restrictions).
It's a concerning trend, especially considering the prevalence of zero - down - payment mortgages that proliferated in the market prior to the last recession, and that worsened the effects of the crash.
All of which has many financial observers warning that, more than 10 years after 9/11 and in the aftermath of a worldwide recession, the Bin Laden Effect will likely be brief.
With only the two upper quintiles of American households seeing any kind of meaningful income growth, and the bottom three quintiles still feeling the lingering effects of the recession, the holiday spending landscape has likely become bifurcated.
She believes the current high unemployment levels are an effect of the recession, rather than of structural shifts in the economy, and that the Fed must fight joblessness before dislocated workers become permanently detached from the labour force.
With headaches like natural disasters, rising wages in China, and a financial domino effect gripping economies around the world — not to mention recession - induced protectionism like U.S. President Barack Obama's jobs bills with their Buy American clauses — have we reached the limits of the global integration that has propelled the world economy since the end of the Cold War?
EY's report concludes this emphasis on frugality is because Gen Z have matured in the aftermath of the financial crisis and, having seen the recession's effect on their families, are more careful with their money.
«Our government has been consistently clear that we must remain focused as our economy emerges from the effects of the great global recession,» Sousa said in a statement.
And, our data suggests many Americans are still struggling from the effects of the Great Recession.
Mr Hammond, who warned of the «chilling effect» of Brexit on the economy in February, refused to be drawn on whether he thought the country was heading for another recession.
If all you were looking at was the effect of the global meltdown of world trade on Canada's net exports, you'd have a very hard time explaining just how Canada went into recession last quarter.
It rose further to 37.5 % in 1983 - 84, but this was due to the effects of the 1980 - 1981 recession.
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.
Finally, their childhoods were colored by watching friends, and likely family as well, suffer the effects of the Great Recession.
In essence, the Fed has to balance between ensuring that the economy is fully leaving behind the effects of the balance sheet recession and at the same time assessing and tempering a more - broad based increase in leverage.
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.
What will make this recession worse than average is not the fact that a couple of additional industries are affected, but that the extreme speculation and excessive debt of recent years will propagate the effects of this downturn through the financial system.
This ignores the effect of the worst recession since the Great Depression, and the still incomplete recovery.
That's according to MKM Partners» chief economist Mike Darda, who was referring to the Federal Reserve's efforts to unwind its $ 4.5 trillion balance sheet after it bought vast quantities of government bonds and mortgage - backed securities to mitigate the effects of the Great Recession.
For example, the loss of existing firms and the low creation rate of new firms during and after the Great Recession have not only directly reduced investment but also impaired the dynamism of the private sector, causing persistent, adverse effects on productivity growth.12
Scott Sumner told us in September 2009 that «the real problem was nominal,» that is, the recession and its high unemployment were primarily due to an unsatisfied excess demand for money (combined with real effects on debt burdens of nominal income being below its previous path).
Fortunately for Australia, the sustained rapid growth of most of the Asian economies (other than Japan) is cushioning the effects of the global recession — these countries now account for about one third of our total exports.
The effects of many of these changes have been masked by the recession but they will become more apparent as recovery gets underway.
Since trade is tied so closely to the U.S. economy, measures that make exporting and importing more difficult could have a negative effect, leading to a lack of economic growth and even an eventual recession.
With the effect of the recession biting hard, a lot of people will definitely lose their job; which will result in a lot of them not being able to pay their mortgages.
> 1980 - 1982 — The early 1980s recession affected much of the developed world, triggering long - term effects including high levels of unemployment and bankruptcies.
In 1982, the positive effect of the 2.5 % decline in inflation was more than offset by a 9.4 % drop in earnings (recession).
The early 1980s recession affected much of the developed world, triggering long - term effects including high levels of unemployment and bankruptcies.
Bank of America argues that the curve, using swaps rather than treasuries and adjusted for the zero - bound effect, is already inverted and therefore may already be signalling a recession in the United States.
We think the risks of recession in Canada are higher at approximately 20 %, given the impact of lower energy prices and the lagged effect of a weaker currency.
Since the Great Recession in 2009, companies have been able to put the effects of the economic decline behind them.
The tightening of monetary conditions eventually will expose the mal - investments of the last several years, which, in turn, will result in a severe recession, but the most obvious effect to date is the increase in interest rates across the entire curve.
So, we see a major financial and economic crisis beginning with deflation in a certain number of countries such as Japan, which had major effects on countries such as South Korea and Brazil, and also on developed countries where all the countries of the North and South are starting to move into recession.
1) Charities spend their income on necessities, such as food and utilities, which ever - so - slightly re-orients our economy toward recession - resistant products, rather than luxuries 2) Charities spend their money quickly, but on independent schedules, making for a smoother stimulus effect on the economy 3) Charities make purchases tax - free, meaning that $ 1 spent by a charity generates a full $ 1 of private economic activity; furthermore, much of those tax revenues are recovered as income tax on the grocery stores, utility companies, etc. that might not have received that income otherwise 4) Charitable giving is by far the most democratic way to improve society; from birth control to bombers, government assuredly spends money on something you don't like, and charitable giving restores your say - so 5) Charitable donations are tax deductible, meaning you keep those tax dollars in your local community 6) Charitable donations provide the funds necessary for volunteers to serve the needy, thus giving «the average citizen» a chance to meet and interact with the needy, breaking down stereotypes
«It forces us to either take a lower margin or increase our prices, but we try to hold our prices because our consumers are feeling the effect of the recession, as well.»
President Jim Weill says it shows the benefits are mitigating the most damaging effects of the recession — benefits that are in jeopardy if the Senate child nutrition bill goes through.
The cumulative effect of the messages of Remain's Project Fear — recession, rising interest rates, falling house prices, war, plagues of locusts (not yet; next week maybe)-- is to reinforce a single message: leaving is far too risky.
It wasn't a partisan ding - dong by any means and was all very consensual and pleasant — especially on the changes wrought by recession, which will heighten the importance of volunteering and community (and therefore the third sector, though it was interesting to hear Maude state very clearly that «there are of course no good effects of a recession», not wishing to fall into the Lansley trap), and mean money from charitable donations is likely to dry up.
(You say the Thatcher years while the chart is 79 - 97: but the IFS reports suggest that the effect and the contrast would be somewhat greater between Labour and the Tories if the comparison was 79 - 90, as the Major years 90 - 97 saw a rather more equal distribution of income growth, particularly through the impact of the 90s recession).
«Over three million children in the UK live in poverty, a key inhibitor to educational progress, and experience every day the harsh realities of cuts to welfare, specialist services and support, education grants and the wider effects of the recession.
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