maandag 19 oktober 2009
EU labour market continues to weaken
Although the outlook for the coming months remains unfavourable, labour markets are showing tentative signs of stablising in some EU countries as confidence among businesses and consumers continues to recover. The EU unemployment rate edged up to 9.1 % in August but the rate remained stable in five countries (Finland, Germany, Italy, Poland and Slovenia) and fell in another four (Austria, Denmark, Malta and Portugal). This month's report includes a special focus on the textile sector, which remains labour intensive and, like most manufacturing sectors, has been hit hard by the economic crisis.
Read this EC report here.
Les chiffres de la pauvreté
- 15% des Belges, soit environ 1 sur 7, vivent sous le seuil de pauvreté ;
- En matière de risque de pauvreté, on peut constater de grandes disparités sociales. Pour certaines d’entre elles, la Belgique présente un profil différent de ses principaux pays voisins. C’est notamment le cas pour les risques de pauvreté liés à l’âge ;
- Les chiffres provisoires de 2008 montrent une tendance à la hausse de la pauvreté subjective.
Consultez le communiqué de presse du SPF Economie du 17/10/2009 ici.
Subprime mortgages: Myths and reality
The global crisis is said to have originated in the US subprime mortgage market. This column argues that many of the most popular explanations that have emerged for the subprime crisis are, to a large extent, myths.
Read the full article from K. Cherny et al. on Vox.eu here.
The new global balance – Part II: Higher rates rather than weaker dollar in 2010
Many expect the dollar to continue to depreciate over the foreseeable future. This column suggests that it may strengthen in 2010 if the Federal Reserve exits quantitative easing sooner than its counterparts and the US economy enjoys a strong rebound.
Read the full article from C. Broda et al. on Vox.eu here.
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