Chinese economists and officials are sounding alarm bells over the state of the country’s stalling economy.
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Economics
Bill Mitchell: US Labour Market – creating work but participation and real wages falling
In July 2022, the US labour market produced reasonable growth in employment but at the same time the participation rate fell. The fall in the official unemployment rate was all down to the declining participation […]
Climate Crisis
Reuters: Accounting for war – Ukraine’s climate fallout
The war in Ukraine is deepening the climate crisis at time when global greenhouse gas emissions are already running at a record high, according to report by carbon accounting experts who have tallied the overall […]
Uncategorized
Ifo-Institute – German Recession: Sentiment in the German Automotive Industry Worsens Again
Sentiment in the German automotive industry deteriorated further at the end of 2024. The Business Climate Index for the German automotive industry fell in December 2024 to -34.7 points, down from -32.4 points* in November. […]
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