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).