No fewer than four Regional Fed Presidents are due to speak this week, plus Bernanke, and they represent a pretty wide spread of hawks, doves and centrists, so we should be able to watch their lips to get a better sense of whether the bond market was correct in its surprisingly large response to Friday's suspect US unemployment report.
Researchers have found repeatedly, in multiple studies, that migration has had a range of positive effects on the UK economy. It has boosted Gross Domestic Product; lowered inflation, in turn helping to keep interest rates lower than otherwise; and there has been a significant net gain to the UK budget.
When I was growing up I thought the sky was the limit. I was lucky. My parents were both entrepreneurs. They instilled in me the knowledge that I could support myself and earn my own money. Now I'm lucky enough to be working with other people hoping to realise the same dream.
What's been missing in the public debate, and deserves particularly focus in this, Living Wage Week, is the failures of distribution of the wealth of our society that has seen millions left without the means of basic survival; that half a million people are, today, in the sixth-richest country in the world, dependent on food banks, should be considered a driver for major, immediate, change.
Some interesting poll results have just been released, investigating what the British public think about our economy and the ways to fix it. The poll, by YouGov for the Centre for Labour and Social Studies, strongly suggests we're giving up on capitalism and want the state to run more of the economy.
By Andrew James, University of Manchester The announcement that defence company BAE Systems is to cut 1,775 jobs at its naval warship yards in Portsm...
As it is, I am not inundated with glimmering employment gems, thus I will begin my list that comprises my list 'How to remain positive in your job search.'
From May 2014, third party groups will be gagged a year before general elections. By law, they will not be able to hold politicians to account or critique government policy. Community groups and charities will no longer be free to protest about local issues- opposing changes to NHS services, voicing concern about environmental issues and alerting the public to 21st Century Britain's growing reliance on food banks will all be banned.
The last week has brought news of dangerously low inflation in Germany, and we learnt that German retail sales had plunged in September, Eurozone unemployment edged up by 0.2% to 12.2%, and the Consumer Price Index across the Eurozone is estimated to have risen only 0.7% in the last year.
In short, if economic experts actually knew what they were talking about, some of them might agree with each other. As they don't, let's assume they don't.
Businesses are facing their own version of this crisis - a cost of doing business crisis. We have now found out that, because of inflation, business rates are going to increase by an average of £430 from next April, at a total cost to businesses of £700m. This is happening year after year - they have already gone up by £1,500 on average under David Cameron.
Four in 10 people have told us they can't reduce energy use any further as they have already cut down as much as they can. In addition, three in 10 say they don't know how they will heat their homes this winter. Now, Which? has calculated that up to £1.8bn per year could be shaved off consumer costs.
The banks have admitted guilt and they are paying us back for all the dodgy deals they got into! Well, not really. Banks are, in effect, 'fessing up to having behaved fraudulently or criminally. However what 'settling' means is actually 'paying regulators to shut up and stop asking difficult questions'.
The 9th World Islamic Economic Forum (WIEF), held for the first time outside of the Muslim World, is finally here. The Mozlumms [sic] have arrived for what in many ways seems like a friendly cricket test match.
What we need is relatively simple: businesses to recognise that those under 25 could become a talent pool that will help them grow but they have an active role to play in helping them understand and then develop the skills that are needed. It could start with offering work experience, a traineeship or apprenticeship. What's important is realising this interaction will inspire a young person about what their future could hold and directly influence their success. Especially for the one in six who grow up in families where neither parent is employed.
Last week's GDP figures are undoubtedly good in that there is a return to overall growth. The problem is that once you examine the data there is little to demonstrate that we have moved away from reliance on precisely the sectors and behaviour that got us into the financial mess in the first place.