Sentences with phrase «with soaring unemployment»

The prophets of doom predicted years of stagnation with soaring unemployment and falling living standards.

Faced with soaring unemployment rates, growing inflation and incessant public - sector strikes, Thatcher ignored the wets» calls to moderate her policies.

While conceding that there is «some basis» for concerns about «the negative social effects of globalization», it contends that it is «not true that globalization is an overwhelming supra - national force that has largely usurped national policy autonomy...» It asserts that «national policies can, and should, give priority to mitigating negative effects on globalization» of financial markets), and the desperate and helpless attempts by the national regimes to come to grips with the soaring unemployment situation in the face of the continuing onslaught of the «supra - national» financial markets, the above bland assertion about «national policies» has an air of unreality about it.

Not exact matches

With its flexible financial system and the gradual elimination by the 1970s of all capital restrictions, the United States was able quickly to adapt, and began running large trade deficits whose costs, in the form of unemployment and consumer debt, it was willing to absorb for geopolitical advantage, the importance of which soared during the Cold War.

This forced upon its European trading partners the resulting unemployment pressure, although they were able to stave off unemployment with soaring debt for several years until 2009, after which debt levels reached their limits and unemployment in Europe duly soared.

Unemployment has soared over 25 %, and with more budget cutting to come, the economic prospects for the Greeks are unlikely to brighten anytime soon.

Higher oil prices are driving an incredible economic boom in Texas, with the unemployment rate dropping rapidly while wages soar

Youth unemployment also soared in this quarter, with 991,000 16 - 24 year olds now out of work, making the jobless rate hit a record high of 21.3 % among this age group.

«The government's economic policies — spending cuts and tax rises that go too far too fast - have choked off growth and led to record levels of unemployment, with youth unemployment soaring.»

As a result of the drought, grain prices rose 27 per cent between 2008 and 2010, and mass migration into slums with few job opportunities meant that unemployment soared in a mostly young population — a recipe for unrest.

After several years of record - low unemployment in Canada, the national rate soared past 8 % in 2009, and some cities were hit hard: several resource - based communities, many in Quebec and British Columbia, sit at the bottom of our list with unemployment rates between 13 % and 22 %.

Unemployment, inflation, and mortgage repayments are soaring as a result of the crash, which has saddled Iceland with levels of debt running to tens of thousands for each of the population of 320,000 and necessitating a 10bn - dollar bailout programme led by the International Monetary Fund.

Worry about rising debt loads, soaring default rates, and high unemployment rates among recent college grads — combined with the high - profile success stories of a few dropouts - turned - billionaires — has generated a cottage industry of...

According to figures released today, unemployment soared by 49,000 in the three months prior to November, with the total now standing at 2.5 million.