UK Economics Update Far too early for a labour market recovery Activity in the labour market appears to have shared somewhat in the improvement seen in the wider economy over the past month or two. However, the lagging nature of unemployment means that it is far... 6th May 2009 · 1 min read
UK Economics Update Far too early for a labour market recovery Activity in the labour market appears to have shared somewhat in the improvement seen in the wider economy over the past month or two. However, the lagging nature of unemployment means that it is far... 6th May 2009 · 1 min read
Asia Economics Update Deflation and unemployment need not derail Japan's recovery The jump in Japan’s unemployment rate from 4.4% to 4.8% in March (consensus 4.6%) removes some of the shine from yesterday’s better manufacturing data. What’s more, unemployment has much further to... 1st May 2009 · 1 min read
Japan Economics Update Deflation and unemployment need not derail Japan’s recovery The jump in Japan’s unemployment rate from 4.4% to 4.8% in March (consensus 4.6%) removes some of the shine from yesterday’s better manufacturing data. What’s more, unemployment has much further to... 1st May 2009 · 1 min read
Europe Economics Update Mounting job losses increase the pain in Spain The Spanish unemployment rate rose at breakneck speed in Q1, suggesting that household spending is set to continue to plunge this year. Accordingly, we still think that the consensus forecast of a 2.9... 24th April 2009 · 1 min read
UK Economics Update Spending can recover before unemployment peaks Past experience supports the view that sharp increases in unemployment will not necessarily prevent a recovery in consumer spending and overall activity, despite their adverse impact on household... 10th March 2009 · 1 min read
UK Economics Update Spending can recover before unemployment peaks Past experience supports the view that sharp increases in unemployment will not necessarily prevent a recovery in consumer spending and overall activity, despite their adverse impact on household... 10th March 2009 · 1 min read
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
