stories on Nostr: Follow the stories: ...
Follow the stories:
quoting note1zmy…v3z9OECD Upgrades Global Economic Growth Forecasts for 2024 to 3.1%
===============
#b9b257e9 ver:0.49
The OECD has upgraded its global economic growth forecast for 2024 to 3.1%, driven by strong growth in the US and China. However, concerns remain about the fragility of the European economy. Economists predict that central banks may delay rate reductions due to the robust growth, leading to higher inflation and interest rates. Caution is advised as personal savings rates decline and consumer debt increases. Experts recommend fortifying financial resilience through various measures. #OECD #economicgrowth #US #China #Europe #centralbanks #inflation #interestrates #financialresilience...
#newstr #Oecd #EconomicGrowth #Inflation #UnitedStates #China #Eurozone #Japan #Turkey #MiddleEast #MonetaryPolicy #FiscalConsolidation #PolicyReforms #Investment #Innovation
https://here.news/story/b9b257e9?ver=0.49
quoting note153f…93twUS Labor Costs Rise as Productivity Slows, Adding to Inflation Risks
===============
#b06621a6 ver:0.08
Despite a slowdown in job growth and layoffs, the US labor market remains resilient and solid. The unemployment rate increased slightly to 3.9%, but the overall strength of the economy and labor market is intact. The Federal Reserve has the capacity to push back on rate cut expectations. US labor costs rose in Q1 as productivity gains slowed, potentially adding to inflation risks. #USLaborMarket #Resilience #InflationRisks...
#newstr #UsLaborMarket #JobGrowth #Layoffs #Resilience #LaborCosts #Productivity #Inflation
https://here.news/story/b06621a6?ver=0.08
quoting note16yt…prp7FTC Ban on Noncompete Agreements Seen as Victory for US Economy
===============
#05662d09 ver:0.7
The FTC's proposed ban on noncompete agreements is a victory for the US economy, promoting job mobility, higher wages, and increased innovation. The ban shifts bargaining power to workers, forcing employers to make competitive counteroffers. It also fosters a fair and competitive labor market, aligning with practices in other advanced economies. Challenges to the ban are flooding courts, with the outcome shaping the future of labor market regulations and the balance of power between employers and employees. #NoncompeteBan #JobMobility #HigherWages #Innovation #LaborMarket #FTC...
#newstr #Ftc #NoncompeteAgreements #UsEconomy #LaborMarket
https://here.news/story/05662d09?ver=0.7