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The unemployment rate has also come down. It last improved to a reading of 4.2% in November, but still held above the 50-year low of 3.5% seen before the pandemic in February 2020.
In May 2020, Chinese Premier Li Keqiang announced that, for the first time in history, the central government would not set an economic growth target for 2020, with the economy having contracted by 6.8% compared to 2019 and China facing an "unpredictable" time. However, the government also stated an intention to create 9 million new urban jobs ...
The chart below shows how the hiring and quits rates have both moved lower throughout 2024 and now sit at lower levels than seen just before the onset of the pandemic in 2020. Data like this ...
Unemployment spiked in 2020 and was still elevated, at 6.3%, in January of 2021. For most of his term, it was below 4%, at or around its lowest in half a century. At 4.3% now, unemployment remains ...
An economic calendar not only lists daily events, but the volatility levels attached to them. A volatility level refers to the likelihood that a specific event will impact the markets. Economic calendars usually have a three-scale volatility gauge. If an event has a level one volatility, it is not expected to significantly affect the markets.
Many countries saw their highest inflation rates in decades. It has been attributed to various causes, including pandemic-related economic dislocation, supply chain disruptions, the fiscal and monetary stimulus provided in 2020 and 2021 by governments and central banks around the world in response to the pandemic, and price gouging.
Wednesday, December 30, 2020. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe It’s all about earnings expectations.
In quarter 4 of 2020, the economy contracted from 6.0% to 0.0% dropping inflation slightly. The GDP of Denmark did rise somewhat in quarter 1 of 2021 to 0.9%. [350] Denmark experienced low inflation from 2019 to 2021, reaching a point where the economy experienced an inflation rate of 0% during the peak of the pandemic.