Ireland’s economy in a prolonged recession sees the Unemployment rate rising to 4.7%
Ireland has experienced a recession starting from the first quarter of 2023 and continuing through the second quarter of 2024 Meanwhile, the quarter-on-quarter aggregate economic output data conveyed an improvement of economic growth with two positive quarters. However, in the…
The USA Unemployment rate drifting toward non-cyclical rate of unemployment hints at a possible Recession scenario going forward
OBSERVING CORE INFLATION, UNEMPLOYMENT RATE AND NON-CYCLICAL RATE OF UNEMPLOYMENT, VERY SIMPLE GRAPHS EXPLAIN A LOT. EVERY TIME THE UNEMPLOYMENT RATE HAS RUN BELOW NAIRU, THAT HAS ACCELERATED INFLATION AND GENERATED ABOVE POTENTIAL TREND GROWTH. TEXBOOK ECONOMICS. IN THE GRAPH…
Sweden Q1 -1.1% economic growth figures confirm recession for four quarters in a row
Latest Swedish GDP figures confirm a recessionary trend that has been accelerating in momentum, with a -1.1% Q1 economic growth decrease year on year and -0.1% flat negative Quarter on Quarter, economic contraction of the Swedish economy could be a…