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The majority of economists polled by FactSet are penciling in a rate cut of 0.5 percentage points, or double the typical rate cut, due to the weakening labor market, followed by additional ...
“The continued positive inflation and labor market news has led us to cut our estimated 12-month U.S. recession probability further,” he wrote to clients Monday, noting that 15% is the average ...
The U.S. economy has displayed remarkable resilience in the face of high interest rates and persistent inflation. ... That’s due to a surge in leading indicators that suggest strong momentum ...
As of 2022, the unemployment rate reached its pre-pandemic levels - nevertheless, in many key aspects and industries, the U.S. economy has not completely recovered from the COVID-19 pandemic. A growing digital gap emerged in the United States following the pandemic, despite non-digital enterprises being more dynamic than in the European Union ...
Regarding unemployment, Switzerland saw a moderate rise in its unemployment rate during the pandemic. The unemployment rate remained relatively stable through early 2020, but by the end of the year, it increased from 4.4% in February 2020 to 5.1% in December 2020, reflecting the economic challenges posed by the crisis. [373] The unemployment ...
Last year's consensus was that the U.S. economy was headed for a recession, but that didn't happen. This year's consensus is that we'll have a soft landing, in which the economy slows but won't ...
Sky high inflation. Rising interest rates. Falling home purchases. Analysts are working to digest a host of signals about the state of the U.S. economy, which emerged from a pandemic recession ...
A surprising rise in the U.S. unemployment rate last month has rattled financial markets and set off new worries about the threat of a recession — but it could also prove to be a false alarm.