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Unemployment forecast to rise across OECD countries
PARIS AFP — Industrialised countries should brace for a rise in unemployment this year and next, as financial market turmoil puts the brakes on growth and job creation, the OECD warned in a report on Wednesday. Unemployment fell in 2007 across all OECD states except Portugal, Ireland and Mexico,...
THE ECONOMY: HOW BAD WILL IT GET A SPECIAL REPORT BY WESTMINSTER
NOTHING travels faster than bad news. Last week a report from the international Organisation for Economic Cooperation and Development OECD ripped into the British economy, branding it the equivalent of a basket case. It criticised the way the UK has been run for the past decade, saying the options left...
The implications of supply-side uncertainties for economic policy
Introduction Supply-side uncertainties have increased the risk of policy errors ... The increases in real energy and capital costs caused by the oil price shock and financial turmoil are likely to reduce the productive potential of OECD economies. The extent and the speed of these effects are very...
Germany
After slowing in the second quarter, growth has picked up in the third quarter on the back of strong domestic demand. The output gap is likely to be almost closed. Going forward, growth is projected to advance at near trend rates during 2008 and 2009. Following some near-term headwinds, unemployment...
Ireland
Activity was strong in the first half of 2007, but the slump in house-building will slow growth substantially. GNP is expected to increase by 3% in 2008, which is considerably below the growth rate of potential output, but to recover to grow at 4 1/2 per cent in 2009 as...
Labor Market Institutions and Unemployment: Can Earlier Findings be Replicated?
In a well-known book, Layard, Nickell, and Jackman LNJ tried to measure how unemployment is related to labor market institutions. Using a cross-section of 20 OECD countries for 1983-1988, they found that changes in inflation and labor market institutions can explain most of the unemployment differences across countries. In recent...
Labour Market Performance Differentials and Dynamics in EU-15 Countries and Regions*
Abstract The aim of this paper is to contribute to empirical analysis of the differentials, dynamics and determinants of labour market performance in EU-15. One innovation of the paper reflects our decision not to use a single indicator of labour market performance, but to adopt three variables: employment rate, unemployment...
Eurozone outlook rosy, but higher interest rates may be needed: OECD
PARIS AFP — The economic outlook is bright for the eurozone, with growth set for 2.7 percent this year, the OECD said Thursday in a report that warned that higher interest rates might be needed to keep inflation down. "Recent 'hard data,' as well as consumer and business confidence,...
II. Development in individual OECD countries and selected non-member economies
UNITED STATES Output has slowed to below its potential growth rate, reflecting a dramatic contraction in house building. As this flattens out, GDP growth should progressively return to trend. Core inflation has been high, partly due to rising housing costs and the flow-on of higher energy prices to other...
II. Development in individual OECD countries and selected non-member economies
NEW ZEALAND Activity accelerated in the second half of 2006, while currency appreciation has set back the return to a more balanced growth path and underlying inflationary pressures have not yet dissipated. Recent further monetary tightening should gradually rein in household spending, and wages are expected to slowly moderate...
Industry Transcripts by Seeking Alpha
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Accenture Ltd. F1Q10 (Qtr End 11/30/09) Earnings Call Transcript
on Dec 17, 2009about ACN
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FedEx F2Q10 (Qtr End 11/30/09) Earnings Call Transcript
on Dec 17, 2009about FDX
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Fifth Street Finance Corp. F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Dec 10, 2009about FSC
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SAIC, Inc. F3Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 08, 2009about SAI
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Casella Waste Systems Inc. F2Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 03, 2009about CWST

