Despite some surprise figures, women are still earning significantly less overall than men.
Tag Archives: recession
By failing to stand up for their past successes, Labour are making it difficult for themselves to claim economic credibility.
Child poverty has increased in the rich world since the onset of the global recession in 2008, according to a new report from Unicef.
Ireland, Europe’s poster child for austerity, has slipped back into recession, and the country’s 2012 GDP has been revised sharply lower from +o.9 per cent to just +0.2 per cent.
The poor will be the hardest hit in the long-term by the economic downturn as a result of the government’s changes to the benefits system, according to the Institute for Fiscal Studies (IFS).
Something strange has been happening in stock markets since 2008: they have been going up. Not just up, but absolutely flying. Through the prolonged failed recovery, unemployment, an investment crisis, the Fukushima crisis and the EU debacle, Wall street, still the market all else look to, has doubled in value.
Will a politician have the courage to make the case for measures to deliberately redistribute from rich to poor if only to correct the redistribution that has taken place in the opposite direction as a result of QE?
So much for the recession being made in the Eurozone. The latest figures from the Office for National Statistics (ONS) show that net trade is down and the largest fall in exports is to non-EU countries.