Sentences with phrase «rate than the economy»

However a government spokesperson argued: «Teaching has a lower turnover rate than the economy as a whole — 90 per cent of teachers in state schools stay in the profession from one year to the next while the number of teachers returning to the classroom continues to rise year after year.»

Not exact matches

«Their economies are actually growing more than other economies, their quality rating is higher, the debt to GDP is much lower than the industrialized world.
The content of the Bank of Canada's July Monetary Policy Report and associated rate cut were indications that the economy is much weaker than the Bank of Canada previously forecast.
«Ultimately, Moody's downgrading of Greece's debt reveals more about the misaligned incentives and the lack of accountability of credit rating agencies than the genuine state or prospects of the Greek economy,» the response continued.
The solar and wind industries are each creating jobs at a rate 12 times faster than that of the rest of the U.S. economy, according to a new report.
Research by the Bank of Canada that Poloz unveiled in his lecture suggests that if Canada's companies have spread out across the globe, rather than simply doing the bulk of their work at home, then the domestic economy will be much less responsive to subtle changes in borrowing costs and the exchange rate.
But with the economy growing so much faster than projected, policy makers may well feel compelled to advance their plans to raise interest rates in order to keep up.
China «s official unemployment rate has been around 4 % for years, despite the rapid slowdown in the economy from double - digit growth to quarter - century lows last year of less than 7 %.
But with a stronger - than - expected jobs report, the Fed may have to push rates up, instead of waiting to see how the Trump economy will unfold.
The IMF predicts the global economy will expand 3.5 % in 2015 — about the same as last year, but dramatically slower than the 5 % rates that preceded the financial crisis.
It has been more than five years since credit ratings firm Standard & Poor's downgraded the U.S. economy from the prized AAA score to AA — and that is unlikely to change in 2017, Standard and Poor's chief sovereign rating officer told CNBC Wednesday.
But at that point, the Fed chair Janet Yellen and the other members of the interest rate - setting committee seemed to side with the idea that Trump's policies would do more to help the economy than hurt it.
Uncertainty over when and if the Federal Reserve will raise interest rates heightened last week when August's jobs report showed the economy added 50,000 fewer jobs than expected even while the unemployment rate fell to 5.1 %.
He identified three obstacles that could affect any possible recovery in the global employment rate: «Over the fore ¬ seeable future, the world economy will probably grow less than was the case before the global crisis,» complicating «the task of generating the over 42 million jobs that are needed every year in order to meet the growing number of new entrants in the labor market.»
Low interest rates were necessary to juice the economy during the financial crisis, but they are now, by many measures, doing more harm than good.
The new chair signaled the central bank could hike rates more than three times this year in an effort to keep the economy from overheating, sparking anxiety among equity traders.
I think, rather than threatening to use controversial presidential powers to prevent U.S. companies legally reducing their tax burden as has been mooted recently, Mr Obama must instead bring America's corporate tax rate in line with the rest of the world's developed economies.
The mounting pessimism about the U.S. economy's long - term growth argues for keeping rates lower than has been usual.
«The Fed may raise rates at a faster pace than the economy can withstand,» Stifel Nicolaus» chief economist told CNBC's «On the Money.»
The central bank offered a gloomier than expected statement about the global economy when it decided to hold off on raising interest rates.
The Fed's statement following its meeting in July indicated steady growth in the U.S. economy and workforce, but a deeper dive into the minutes from that gathering could offer insight into how strongly Fed leaders feel about raising rates sooner rather than later this year.
The market's going to have to start to digest a faster pace of interest - rate hikes in 2017 than what we have gotten used to, as the economy grows.
This group of occupations has an unemployment rate of just over 1 per cent and wages that are «rising by an average annual rate of 3.9 per cent — more than double the rate seen in the economy as a whole.»
China is the world's second - largest economy, and even with a GDP growth rate of 5 %, the growth rate is more than double that of developed economies,» said Ma.
The US economy may strengthen more quickly than previously anticipated, according to BNP Paribas Chief Economist Paul Mortimer - Lee, allowing the Federal Reserve to raise interest rates four times in 2018.
I think rates will stay low longer than people think and that the economy will be able to absorb the small rate hikes I see over the next 18 months.
I believe that raising rates would be an irrational move and nothing more than an attempt to prop up a weakening economy.
These nations believed that rates «less than zero» would spur their sluggish economies.
The Federal Reserve's ultra-low interest - rate policy since the financial crisis may have lent support to a listless economy and made the government's massive debt a lot easier to finance, but it's been more than hard on retirees and conservative savers.
It's got all this stuff in the news, with ghost cities and real estate markets crashing, but when we think about it, if the U.S. economy is forecast to grow somewhere between 2.75 % and 3 % for 2015, and China is growing at 6.5 % or 7 %, we're still looking at essentially twice the U.S. [growth rate] on a much bigger base than 10 years ago,» she says.
Western Australia's unemployment rate has hit its highest level in more than 16 years, despite the state's economy adding jobs in March, according to the latest data from the Australian Bureau of Statistics.
A spokeswoman for Morneau disagreed, saying that since the Liberals came to office, the economy has created more than 600,000 jobs and the unemployment rate has been near its lowest level in about 40 years.
The Fed reckons U.S. gross domestic product could expand by as much as 2.7 % in 2016, which would be considerably faster than the rate of growth — roughly 2 % — that policy makers think the American economy can handle without stoking inflation.
Critics of the tax reform, which also cut corporate tax rates in the U.S., suggested that companies would reward their shareholders rather than investing more money into the American economy with their newly - homebound cash.
«Those monthly gains are simply unsustainable in an economy with a potential economic growth rate of less than 2 percent.»
According to tweets from those in the audience, Dimon said that ensuring economic strength is more important than changing interest rates, although he added that the U.S. economy currently is sturdy enough to survive a rate hike.
Many Albertans find it rich that Quebec — which provides families with subsidized daycare and offers university tuition at less than half the rate of other provinces — criticizes Ottawa for capping equalization payments in 2009 to the rate of the economy's increase.
Stephen Poloz says Ottawa's recent spending on programs, such as enhanced child benefits and infrastructure, have lifted the economy and pushed interest rates to a level higher than they would have been without government stimulus.
The economy grew at just a 1.2 % annualized rate for the three months ended June 30, less than the 2.5 % expected by economists.
The economy may be recovering and the unemployment rate declining, but jobs are still hard to come by these days, which means states need to work harder than ever to attract new investment.
OTTAWA — The Bank of Canada says it will likely have to keep interest rates low for longer than it expected in the face of a surprisingly weak economy.
Solar and wind - industry jobs are growing at a rate of about 20 percent per year — 12 times faster than the general economy.
Canada's economy is looking frail, but another rate cut is a more drastic step than the situation calls for
With an improving economy and the lowest unemployment rate since the recession, employees are more upbeat than they have been in years about finding a new gig.
Not only did the Zero Lower Bound turn out to be not so debilitating as all that — rather than work their will via interest rates, central banks took to injecting money directly into the economy via large - scale asset purchases — but it does not even seem to be the lower bound: central banks, notably in Europe, have successfully experimented with negative interest rates.
«While we are pleased the industry continues growing at faster rates than other sectors of the economy, we could be growing much faster, creating more new jobs and businesses, if Washington addressed the tax, spending and regulatory uncertainty plaguing the small business community in a meaningful way,» said IFA President & CEO Steve Caldeira.
And although women fill close to half of all jobs in the U.S. economy and are starting businesses at twice the rate of men, they hold less than 25 percent of STEM jobs nationwide.
If the economy continues to heat up and inflation rises, that might spur the Federal Reserve to increase interest rates faster than expected.
The improving underlying strength of the U.S. economy should more than compensate for the drag from higher interest rates.
I have ignored reasons that might justify lower discount rates or higher GDP adjustments for China mainly because the purpose of this essay is to explain why the U.S. multiple is so much higher than China's, and of course these reasons exist, but I think whatever the correct ratio should be, there is no question that advanced economies always justify higher multiples than developing economies because they tend to be economically more diversified and politically more stable, and they usually have institutions, including clearer legal and regulatory frameworks, more sophisticated capital allocation processes, less rigid financial systems, and smaller state sectors (which make smooth adjustment, one of the most valuable and undervalued components of long - term growth, more likely).
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