Young people missing out on jobs to older workers and migrants: study

Apr 12, 2016 02:06 am UTC| Research & Analysis Economy

Young people have missed out at the expense older workers and migrants in the job market, according to new research on youth employment. Government policy and Australias sluggish economy have added to the problem. While...

Worrisome Signs Series

Worrisome Signs Series: ‘GDP Now’ points U.S. economy at brink of recession

Apr 11, 2016 12:05 pm UTC| Commentary Economy

Just 2 months ago, Atlanta FEDs GDP forecast model was predicting 2.5% annualized growth for first quarter in United States. By March second week model growth dropped to 2.3%, but after that it started declining sharply...

Construction activity to remain major contributor of Canada’s economic growth in 2016

Apr 11, 2016 07:47 am UTC| Commentary Economy

In March, Canadas housing starts dropped to 204k from Februarys 219k, seasonally adjusted at annual rate. Housing starts, on a six-month moving average trend, dropped to 197k units last month from Februarys 202k units....

Australia’s housing market starts 2016 on a stronger note, but slowly cooling from 2015 peaks

Apr 11, 2016 05:48 am UTC| Commentary Real Estate Economy

Australias housing finance for February increased. Growth was recorded throughout all segments of home buyer. Even if the rise was not sufficient to counter the drop in the earlier two months, Februarys data shows stronger...

How Mozambique can avoid stepping into the abyss

Apr 07, 2016 05:29 am UTC| Insights & Views Economy

It is unsettling how quickly the shine can come off a development success story. Only a few years ago, Mozambique was standing at the helm of sustained and rapid economic growth. Optimism was nurtured by high commodity...

Japan - it’s not all about Tankan

Apr 06, 2016 07:30 am UTC| Commentary Economy

In past five trading days, Japanese benchmark stock index has down performed most of the global indices, declining more than -7.5%. While Nikkei tumbled, Yen strengthened almost 2% against Dollar. All this out and down...

U.S. employers taking action to keep health care cost increases to just 4% in 2016

Apr 05, 2016 13:05 pm UTC| Economy

Nearly four in five employers (78%) project moderate to significant changes in their health plan designs and vendor strategies over the next four years, according to a survey of U.S. employers by leading global advisory,...