Sentences with phrase «soaring unemployment»
The phrase "soaring unemployment" means that the number of people who don't have a job or are unable to find work is increasing rapidly. Full definition
Remember, there are fewer buyers right now, as a result of soaring unemployment and tighter lending standards.
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I probably don't need to tell you why the numbers have risen so much — foreclosure crisis, economic recession, soaring unemployment rates, etc..
Faced with soaring unemployment rates, growing inflation and incessant public - sector strikes, Thatcher ignored the wets» calls to moderate her policies.
The ANC have made wildly optimistic promises to redistribute 15 % of land to blacks by 2013 and to halve soaring unemployment by 2014.
In 1981 Margaret Thatcher was the most unpopular prime minister on record, recession and her extreme cuts causing soaring unemployment.
More EPA misdemeanors — EPA responds to record debt and soaring unemployment by sending hundreds of millions of dollars in «foreign handouts» to countries like China, Thailand and Indonesia to support various environmental programs over the last decade.
Sinking economies and soaring unemployment are depressing tax revenues and making meaningful deficit reductions impossible and politically intolerable.
China will either choose a «long landing», in which growth rates drop sharply but in a controlled way such that unemployment remains reasonable even as GDP growth drops to 3 % or less, or it will choose what analysts will at first hail as a soft landing — a few years of continued growth of 6 - 7 % — followed by a collapse in growth and soaring unemployment.
When U.S. interest rates started to rise, however, frightened global banks pulled credit lines and net capital inflows reversed, leading to lower investment, soaring unemployment, and currency devaluations.
Getting credit flowing again to small businesses is crucial to the administration's plans to stem the soaring unemployment rate and turn around the economy.
Recessions are usually regarded as nasty times, but soaring unemployment and sputtering stock markets do have an unexpected sunny side.
In both countries, the crash led to a sharp fall in real estate prices and financial markets and to soaring unemployment.