“Cognitive dissonance” might be a phrase that best describes the current state of the retail sector. Job growth is up and sales are strong – particularly during the all-important holiday season, rising approximately 3 percent from 2017, according to the National Retail Federation – but major retailers have either gone out of business, or at risk […]
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Since their debut Nov. 17, 2018 as a protest against an increase in gasoline taxes by the administration of President Emmanuel Macron, the gilets jaunes (yellow vest) demonstrations have taken place every single weekend in cities all over France and morphed into a general expression of opposition to government policies. Some prominent officials in the French […]
After seeing some sluggishness affect its growth earlier in the year – from sectors that the economy has historically been able to depend upon, such as tourism and exports – the gross domestic product of Thailand bounced back in a big way during the fourth quarter of 2018. Citing figures from the country’s National Economic […]
The first month of 2019 picked up where 2018 left off in terms of job growth in the U.S., with the number of nonfarm payroll jobs added by American businesses surpassing the strong figure seen last December: Per data from the Bureau of Labor Statistics’ latest Employment Situation Summary, U.S. organizations brought on 304,000 new […]
Few industries have made as impressive a comeback from the recession as manufacturing. Millions of jobs were created within the sector in 2018 alone, a number of them returning to the United States after being sent overseas. Despite the strides made, it appears as though manufacturers are well short of the talent they need to […]
Europe, Middle East and Africa Since November 2018, the yellow-vest movement has vigorously protested the economic policies of French President Emmanuel Macron, with demonstrations taking place each week in Paris, Bourges and other major cities of France. While these events were and continue to be mostly peaceful, violent acts perpetrated by small protest groups lowered […]
U.S. job growth experienced an unprecedented uptick in December, with employers adding approximately 312,000 nonfarm positions throughout the month, according to the Bureau of Labor Statistics’ most recent Employment Situation Summary. Market analysts anticipated a spike of sorts following the underwhelming employment figures recorded in November, during which time American businesses added just 176,000 roles, […]
Over the course of the past two years, Japan’s economic projections have been something of a mixed bag: Barring a few brief contractive months, gross domestic product grew steadily for much of this period. However, through this whole phase, economists, government officials and foreign investors all expressed concerns about issues ranging from interest rates to […]
It’s that time of year again: New Year’s resolution season, when Americans of all ages seek to shed their bad habits and make some much-needed changes through goal-setting. Chief among many individuals’ ambitions is to save more money. With the economy firing on cylinders, these money management aims could lead to more job opportunities for financial […]
It’s not possible to talk about the economic picture of the Asia-Pacific region without citing its many successes, particularly in its fast-growing nations like Thailand, India and Indonesia, as well as more established economies such as Japan, India, China and Vietnam. According to the most recent edition of the Regional Economic Outlook compiled by the […]