The Latest Breaking News on Economy

'Staff cuts, council tax hikes and services slashed' as budget black hole widens by £10m in just four months

Councillors will have to consider cutbacks in staffing, hikes in the council tax and diminished services across

Daily Record · Dec 9, 2022

Sri Lanka's Parliamant approves budget amid economic crisis

Sri Lanka’s Parliament has approved a budget that includes reforms aimed at improving the country’s finances as it attempts to recover from its worst economic crisis

The Independent UK · Dec 9, 2022

Hunter businesses 'downbeat', new survey results show

Businesses in the Hunter region are more concerned than the NSW average when it comes to rising interest rates and energy costs, according to the latest Business Conditions Survey.

Newcastle Herald · Dec 8, 2022

Australia wants international students to stay and work after graduation. They find it difficult for 4 reasons

International students are flooding back to Australian universities. Some predictions say 2023 could even see record numbers of overseas students in the country.

The Conversation · Dec 7, 2022

Why did so many US men quit working? Social status may hold the key, study says

A decline in social status relative to better-paid peers is a key reason why so many American men have dropped out of the labor force, according to the latest paper to examine a conundrum that’s baffled economists for decades.

Tribune News Service · Dec 7, 2022

China Is the Wild Card for Global Inflation in 2023

The country’s long-awaited emergence from Covid Zero would ignite its economy and put upward pressure on prices around the world.

Businessweek · Dec 7, 2022

Thousands of Australians locked out of employment as entry-level jobs dry up, survey suggests

Anglicare says there are 15 applicants per position but many often stand little chance of success due to lack of experience, age and other barriers

The Guardian - AU · Dec 7, 2022

The RBA keeps slamming on the brakes, but the economy has already very much slowed down

GDP figures show wages and not just profits are starting to generate growth. Still, disposable income is going backwards

The Guardian - AU · Dec 7, 2022

Tories are still repeating the myth of the workshy poor

Letter: The idea that there is a ‘culture of worklessness’ has been debunked, but Conservatives keep making such claims to justify punitive welfare reforms, writes Carolyn McAllister

The Guardian - UK · Dec 6, 2022

Social welfare Ireland: Major restructuring could see Jobseekers' Benefit doubled

A new plan which would radically change how payments are made to workers who have lost their jobs will be introduced to Cabinet tomorrow

Dublin Live · Dec 6, 2022