Category: Economy

  • The U.K. economy could stare down long-term irrelevance without immigration

    The UK economy has no places to look for a good news story as its economy continues to grapple with inflation while its European neighbors leave rising prices in the back burner. This is now likely to impact the country’s growth prospects. The Organization for Economic Co-operation and Development (OECD)…

  • New Zealand Economy Shed Jobs in Q1, Unemployment Rate Rose to 4.3%

    New Zealand Economy Shed Jobs in Q1, Unemployment Rate Rose to 4.3%

    The New Zealand economy unexpectedly lost jobs by 0.2% on a quarterly basis in the first quarter of 2024, raising the unemployment rate from 4.0% to 4.3% over the period. The principal components revealed that the labor force participation rate fell from 71.9% to 71.5%, indicating that people may be…