UNEMPLOYMENT

Facing recession for the first time since the global financial crisis

Calls have increased on the German government to use some of a recurring budget surplus to boost weaker economic activity

Despite concerns over a looming economic recession and some headwinds, the business climate in America remains strong and companies on strong growth mode said a new study by Citizens Bank.

The US has labelled China a currency manipulator because of the yuan's recent depreciation against the dollar

Mexico's economy had zero growth in the second quarter for 2019, another bit of bad news for President Andres Manuel Lopez Obrador, who came into office promising to revive the economy

Britain’s economic growth is stagnating and there is an apprehension that the Brexit crisis has already pushed the U.K economy into a recession, according to a leading think tank.

Fear of a recession in the American economy by 2020 is stark in the minds of many U.S financial officers. They believe the current bull-run in the economy is no guarantee to insulate it from an impending recession.

The U.S. economy only added 75,000 non-farm jobs in May, short of the 185,000 expected. Trade tensions with China and Mexico could be a major reason behind the weak jobs report.

Americans spent more in March while unemployment claims fell.

The U.S jobs growth shrunk in February, hit by economic as well as non-economic reasons. Nevertheless, employers maintained a strong hiring rate despite the economy’s downslide. Good news is that jobless rate also plunged to 3.9 percent in February from 4 percent in January.

CFOs don't expect a recession in 2019 but can't say the same for 2020.

The U.S economy is heading towards a recession. This was confirmed in a survey by the National Association for Business Economics (NABE) where 75 percent of economists agreed that a recession would hit the American economy in the next 3 years.

No recession but a rather dull growth for the global economy this year, claims Janus Henderson Investors.

GM will pay its hourly workers over $10,000 in profit sharing amid layoffs of more than 4,000 workers.

The labor department said initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 199,000 for the week ended Jan. 19 -- the lowest since mid-November in 1969.

Every recession is followed by an escalating recovery and boom time. Each time, the economy bounces back better.

U.S. consumer confidence rose to an 18-year high in October, driven largely by a robust labor market, bolstering expectations that strong economic growth would continue through early 2019.

New Fed staff research and Powell's own remarks seem to put more weight on the risks of super-tight labor markets, which could mean a shift up in the Fed's rate outlook and a tougher tone in its rhetoric.

The current estimate of "full employment" is around 4.5 percent.

Top automakers pointed to a small increase in U.S. auto sales in August including another sharp rise in SUV sales, as low unemployment and strong consumer confidence helped mitigate the impact of rising interest rates and fuel prices.

The Fed in June raised rates for a second time this year, marking the seventh time it has hiked rates since late 2015. It is widely expected to hike rates again when it next meets in September.