Tag: economy

U.S. Economy Continues to Recover, Adding 559,000 Jobs in May

The U.S. Bureau of Labor Statistics reported that employers added 559,000 workers during the month of May, continuing the nation’s economic recovery. “In May, the unemployment rate declined by 0.3 percentage point to 5.8 percent, and the number of unemployed persons fell by 496,000 to 9.3 million. These measures are down considerably from their recent highs

Zimbabwe: #Zim@41 – Together Growing Our Economy for A Prosperous, Resilient and Inclusive Society

Cape Town — Today marks one of the most important days in the history of our nation Zimbabwe. ZANU PF Cape District wishes to express its deep, heartfelt congratulations to His Excellency President Emerson Dambudzo Mnangagwa and the people of Zimbabwe on this auspicious occasion of the 41th Anniversary of Independence! This very special day,

South Africa: Treasury Projects the Economy to Grow By 3.3 Percent

As the country begins to roll out a massive vaccination programme, the Gross Domestic Product (GDP) is projected to grow by a rate of 3.3 percent in 2021. Releasing the Budget Review for the next three years, the National Treasury said on Wednesday the COVID-19 shock is estimated to have led to a 7.2 percent

Zimbabwe: Poor Grain Production Hurting Zim Economy

Zimbabwe has been a net importer of food for the past 2 decades and the country’s import bill has increasingly featured grain imports with maize imports averaging 1.1 million Metric Tonnes (MT) per year in the last 10 years, while wheat and soya beans account for 300 000MT and 150 000MT in import quantities respectively.

A people’s agenda for a better economy and a better nation

The seven-point platform is both a fundamental and ambitious list, ranging from specific policies to broad, aspirational goals: COVID-19 relief that “meets the scale of the crisis” and directly addresses the pandemic’s disproportionate harm to Black, Indigenous, people of color and “other vulnerable communities”; Programs to put people back to work, with a focus on

Left-wing group linked to AOC pressures Biden to remake economy

A left-wing group with ties to Rep. Alexandria Ocasio-Cortez is pressuring President-elect Joe Biden to use executive orders for liberal policies to revive the economy — including the Green New Deal — when he takes control of the White House in January. New Consensus sent Biden a seven-page manifesto Wednesday suggesting that he become the