US Economics Weekly Payrolls to continue falling throughout 2009 and into 2010 9th March 2009 · 1 min read
UK Economics Update Youth unemployment to hit retail sales and housing market The young have been disproportionately affected by the recent rise in unemployment. Whilst this may dampen the link between unemployment and debt defaults, it is likely to make the consumer spending... 17th February 2009 · 1 min read
UK Economics Update Youth unemployment to hit retail sales and housing market The young have been disproportionately affected by the recent rise in unemployment. Whilst this may dampen the link between unemployment and debt defaults, it is likely to make the consumer spending... 17th February 2009 · 1 min read
UK Economics Focus Can pay freezes prevent further job losses? A number of companies have announced pay freezes in the past week or two. However, even if a significant proportion of the workforce foregoes a pay rise this year, we doubt that further sharp rises in... 11th February 2009 · 1 min read
UK Economics Update Falling immigration won't stop unemployment rising The latest migration-related releases from the Home Office and Office for National Statistics provided further evidence that migration to the UK is slowing sharply. However, we doubt that this will... 19th November 2008 · 1 min read
UK Economics Update Falling immigration won't stop unemployment rising The latest migration-related releases from the Home Office and Office for National Statistics provided further evidence that migration to the UK is slowing sharply. However, we doubt that this will... 19th November 2008 · 1 min read
Europe Economics Update German pay deal confirms diminishing price pressures The latest information on pay negotiations in Germany supports our view that any pick-up in wages growth in the coming months will be modest and short-lived. While this is bad news for German... 12th November 2008 · 1 min read
UK Economics Update Jobs shake-out to become more broad-based Tomorrow’s labour market figures are set to reveal a further drop in employment, confirming that the downturn in the labour market is well underway. We expect employment to drop by around 1.5 million... 11th November 2008 · 1 min read
UK Economics Update Jobs shake-out to become more broad-based Tomorrow’s labour market figures are set to reveal a further drop in employment, confirming that the downturn in the labour market is well underway. We expect employment to drop by around 1.5 million... 11th November 2008 · 1 min read
Asia Economics Focus What’s really happening to Japanese wages? A closer look at different measures of wages growth in Japan shows that, contrary to most analysis, the economic recovery in recent years has not been a “wageless” phenomenon. Even continued modest... 23rd October 2008 · 1 min read
Japan Economics Focus What’s really happening to Japanese wages? A closer look at different measures of wages growth in Japan shows that, contrary to most analysis, the economic recovery in recent years has not been a “wageless” phenomenon. Even continued modest... 23rd October 2008 · 1 min read
Europe Economics Focus How hard will the downturn hit the labour market? One consequence of the global economic downturn will be a severe deterioration in labour market conditions. In the euro-zone, we expect unemployment to rise from 11.3 million to 14.5 million by the... 16th October 2008 · 1 min read
UK Economics Update The dent to the labour market from falling house prices There are a number of ways in which a weakening housing market could affect the labour market adversely, potentially sparking a vicious circle of falling house prices and rising unemployment. 13th August 2008 · 1 min read
UK Economics Update Productivity slowdown won’t stop employment falling The recession that looks likely does not have to be accompanied by falling employment - firms could just let productivity (i.e. output per worker) suffer instead. Indeed, employers have been reluctant... 6th August 2008 · 1 min read
UK Economics Update Productivity slowdown won’t stop employment falling The recession that looks likely does not have to be accompanied by falling employment - firms could just let productivity (i.e. output per worker) suffer instead. Indeed, employers have been reluctant... 6th August 2008 · 1 min read
Europe Economics Update Pick-up in German wages growth won't last long The latest evidence of rising German wages growth suggests that households’ real incomes are receiving some much-needed support. But we still expect slowing activity to prevent wages growth from... 29th July 2008 · 1 min read
