Raghavan, Anita; Schoenberger, Chana R.; Kelly, Tim
June 2009
Forbes Asia;6/8/2009, Vol. 5 Issue 10, p61
The article examines the possible threat of deflation due to fall in prices across the world. As cited, deflation can lead to a downward twist of wage cuts, layoffs, price cuts and lost production and in some cases may lead to bankruptcy as well. It is stated that in areas of Europe, the gross domestic product (GDP) and wages are already in deflationary mode and unemployment is above 8% among the 16 countries that use the euro.


Related Articles

  • IN THE NEWS.  // Journal of Business (10756124);7/16/2009, Vol. 24 Issue 15, p2 

    The article presents updates related to business condition in Spokane, Washington. The Employment Security Department states the decline of wage and salary employment in the city for about 211,200 as of June 2009. Meanwhile, the home prices have accelerated up to 177,500 dollars from $165,500 in...

  • String of layoffs hits industry. Springer, Jon // SN: Supermarket News;Nov2015, Vol. 63 Issue 11, p38 

    The article reports on the ongoing employee layoff trend in the supermarket industry in the U.S. It mentions that five large food retailers and wholesalers cutback their support staff during October 2015. It informs that supermarket chains like Haggen and A&P witnessed thousands of jobs cut in...

  • Oil Jobs Sink But Claims Low. Investor's Business Daily // Investors Business Daily;5/8/2015, pA01 

    7 Planned job cuts leapt 68% to a 3-year high in April, Challenger said, with 34% due directly to oil prices. Layoff announcements in the first 4 months of the year were 25% higher than in '14. But jobless claims continue to hover at lows last seen in '00. Economists expect the gov't to announce...

  • A brighter view: Corporate downsizing vs. job generation. Duncan, Joseph W. // Business Credit;Jun96, Vol. 98 Issue 6, p41 

    Focuses on the issue of corporate downsizing and unemployment in the United States for 1996. History of the trend towards corporate downsizing in the United States; Net job change from 1979 to 1995; Employed civilians from 1983-1994; Job growth by occupation.

  • Extended mass layoffs in third quarter.  // Compensation & Working Conditions;Nov2002, pN.PAG 

    Reports on the mass layoff in the third quarter of 2002 in the U.S. Number of workers dismissed by employers; Percentage of layoffs due to internal company restructuring; Industries with notable decline in the number of employees in third quarter of 2001.

  • Nation's state of economic bliss doesn't help guy who gets... Brady, James // Crain's New York Business;11/17/97, Vol. 13 Issue 46, p9 

    Opinion. Presents the author's questions on the existence of company downsizing in the United States despite low unemployment rate. Examples of downsizing incident; Short term effects of fast track authority in the country.

  • Job shocks: Resuscitation or suffocation?  // Fedgazette;Nov2005, Vol. 17 Issue 6, p1 

    The article focuses on how local economies respond to a major decline in employment in Albert Lea and Freeborn County, Minnesota. Job layoffs posed pressure to households and communities. The Albert Lea community recovered well from the job lay offs. In 1998, Freeborn County surpassed...

  • Only four of Utah's 29 counties have avoided job losses.  // Enterprise/Salt Lake City;7/26/2010, Vol. 40 Issue 3, p3 

    The article reveals that four Utah counties have managed to avoid job losses in 2007-2010 including Tooele, Sanpete, Grand, and Beaver.

  • Nowhere left to go.  // Long Island Business News (7/1993 to 5/2009);8/8/2008, Vol. 55 Issue 39, p12A 

    The author reflects on the need to create various job-creating projects to cater to unemployed people in Long Island, New York. He asserts that the State Department of Labor has reported that there are 72,400 unemployed people in the area, however, businesses were forced to conduct layoffs due...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics