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It really is different for young people: it’s harder to climb the jobs ladder

Our memories of the job market prior to COVID have become rosier: the last decade was a period of fairly low unemployment, even if...

Singapore enters recession with its economy tumbling down over 40%

The second quarter Gross Domestic Product (GDP) of Singapore has shrunk by 12.6% and the overall drop has totaled to 41.2%. Last May, Singapore's Ministry...
Young women are hit doubly hard by recessions, especially this one

Young women are hit doubly hard by recessions, especially this one

We are entering our first pink-tinged recession. The official unemployment figures released on Thursday confirmed that female work has has been more heavily impacted than...
Our needlessly precise definition of a recession is causing us needless trouble

Our needlessly precise definition of a recession is causing us needless trouble

Later today we’ll know what the bushfires and the coronavirus did to the economy in the three months to March: whether gross domestic product...
How a tightening of wallets pushed Australia into recession

How a tightening of wallets pushed Australia into recession

A go-slow on spending sent the economy backwards 0.3% in the first three months of this year, only the fourth such decline since Australia...
Australia’s first service sector recession will be unlike those that have gone before it

Australia’s first service sector recession will be unlike those that have gone before it

Australia is on the brink of its first recession in almost 30 years. The Australian Bureau of Statistics will deliver the official economic growth figure...

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