New Zealand’s history of inflation, recessions and unemployment offer clues to what might happen next. Coupled with global events, the outlook is not promising.
Jakub Hlávka, University of Southern California and Adam Rose, University of Southern California
Workplace absences, along with sales lost due to the cessation of brick-and-mortar retail shopping, airline travel and public gatherings, contributed the most.
A new report on the ongoing impact of the pandemic on social service providers in Victoria found jobs and labour force participation are far from fully recovered.
There are plenty of winners and few direct losers in a budget that lays the groundwork for the next election - still more likely to be next year than this.
Looking graphically at actual and forecast GDP makes it clear why some speak of a ‘V-shaped recovery’. But even the fairly bullish assumptions reveal a recovery where the V isn’t really sharp enough.
With a rising stock market and a booming economy in some industries, not all Americans have been negatively impacted by Covid-19. Which parts of the population have come out on top?