Web Blog for anything related to Union Labor

Economic Report: Global Economy Could Shrink For First Time In 60 Years – 04/23/09

Posted on April 22, 2009 | in Labor News | by

Economic Report:

Does the world feel like it is getting smaller? It could just be the economy. According to the International Monetary Fund, the world economy could shrink by 1.3 percent making it the first time in 60 years the world economy has gone in reverse. If it does shrink leading economists believe that could lead to 10 million more without jobs. On Friday world economic powers will meet to further develop commitments recently made at the world summit in London in March.

Leave a Reply

Categories

TITLE

Tags

Recent Posts

Default utility Image Why the Super Bowl Scores Big for America’s Middle Class Americans may like to keep politics and sports separate, but over the past year reality...
Default utility Image The Working People Weekly List Every week, we’ll be bringing you a roundup of the important news and commentary about...
Default utility Image The Economy Adds 151,000 Jobs in January, and Unemployment Remains Essentially Unchanged at 4.9% The U.S. economy added 151,000 jobs in January and unemployment was 4.9%, slightly less than...
Default utility Image The Latest Chapter in AFL-CIO’s Discussion on Racial and Economic Justice Comes from Oakland In February 2015, the AFL-CIO launched the Labor Commission on Racial and Economic Justice to broaden our...
Default utility Image Colombia Must Protect All Workers The government of Colombia continues to allow employers to undermine workers’ rights and fails to...

Recent Posts

Default utility Image Default utility Image Default utility Image Default utility Image Default utility Image

Recent Posts

Default utility Image Why the Super Bowl Scores Big for America’s Middle Class Americans may like to keep politics and sports separate, but over the past year reality...
Default utility Image The Working People Weekly List Every week, we’ll be bringing you a roundup of the important news and commentary about...
Default utility Image The Economy Adds 151,000 Jobs in January, and Unemployment Remains Essentially Unchanged at 4.9% The U.S. economy added 151,000 jobs in January and unemployment was 4.9%, slightly less than...
Default utility Image The Latest Chapter in AFL-CIO’s Discussion on Racial and Economic Justice Comes from Oakland In February 2015, the AFL-CIO launched the Labor Commission on Racial and Economic Justice to broaden our...
Default utility Image Colombia Must Protect All Workers The government of Colombia continues to allow employers to undermine workers’ rights and fails to...

Tag Cloud