Tag #Economic Slowdown

lemonde.fr
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French Unemployment Surges 3.9% in Q4 2024, Highest in a Decade

French unemployment in category A rose by 3.9% in Q4 2024, reaching 3.138 million, the largest increase in a decade excluding the Covid-19 crisis, driven by decreased hiring and rising bankruptcies, impacting particularly the youth (8.5% rise).

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28% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
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German Construction Industry Forecasts Continued Turnover Decline in 2025

Germany's construction industry forecasts a continued decline in turnover for 2025 despite a recent order increase in November 2024, citing insufficient orders and calling for governmental policy changes to boost the sector.

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56% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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China's Economic Growth Slows to 5%, Facing Multiple Headwinds

China's economy grew by 5% in 2024, its slowest rate in decades, due to reduced exports from US, Canadian, and EU tariffs; decreased consumer spending from a property crisis and high unemployment; and reduced foreign investment from economic uncertainty and geopolitical tensions; over 900 protests o...

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48% Bias Score

Decent Work and Economic Growth
faz.net
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China's Economic Growth Figures Under Scrutiny Amidst Weak Consumption and Population Decline

Despite China reporting economic growth, independent analyses show significantly lower figures; weak domestic consumption, despite government efforts, is coupled with a declining population resulting in a 1.4 million decrease in population in 2022.

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36% Bias Score

Decent Work and Economic Growth
welt.de
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German Economy Contracts for Second Consecutive Year

Germany's economy shrank by 0.2 percent in 2024, following a 0.3 percent decline in 2023, due to weak consumer spending, a struggling construction sector, decreased exports to China, and political uncertainty stemming from recent elections.

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52% Bias Score

Decent Work and Economic Growth
smh.com.au
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Sydney House Prices Fall Amidst High Interest Rates

Sydney house prices fell 0.1 percent in December, marking the first back-to-back quarterly decline in two years due to high interest rates and reduced borrowing capacity; however, unit prices reached a record high.

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44% Bias Score

Reduced Inequality
lexpansion.lexpress.fr
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South Korea Faces Economic Slowdown Amidst Political Crisis

South Korea's political crisis, marked by the president's arrest and martial law proclamation, coincides with a slowing economy, declining growth projections (1.8% for 2025), and challenges to its export-driven model, particularly in the face of Chinese competition.

Progress

44% Bias Score

Decent Work and Economic Growth
welt.de
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\"EU Electric Vehicle Registrations Fall Amidst Broader Market Weakness\"\

Sluggish demand for electric vehicles in Germany caused a 10.2 percent drop in EU-wide electric car registrations in December 2024; however, the overall number of new car registrations in the EU increased by 0.8 percent in 2024 compared to the previous year, yet remained 17 percent below 2019 levels...

Progress

36% Bias Score

Affordable and Clean Energy
zeit.de
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China Meets Growth Target Amidst Property Slump and Looming US Trade Tensions

China's economy met its 5 percent growth target for 2023 despite a weakening property market and weak consumer spending; however, the return of Donald Trump to the US presidency threatens renewed trade tensions, impacting German businesses operating in China.

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48% Bias Score

Decent Work and Economic Growth
lentreprise.lexpress.fr
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Political Upheaval and Economic Instability Rock South Korea

South Korea's political instability, marked by President Yoon Suk-yeol's arrest and a martial law declaration, has coincided with a weakening economy: the Korean won plummeted, inflation rose, and growth forecasts were revised downwards, highlighting the nation's vulnerability in a competitive globa...

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44% Bias Score

Decent Work and Economic Growth
welt.de
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Germany's Economic Stagnation Amidst US Trade Threats

Germany's economy faces a potential crisis due to US trade conflicts and internal structural problems, with slow growth and a high savings rate despite decreased inflation. The 2024 GDP shrank while the rest of the Eurozone grew.

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44% Bias Score

Decent Work and Economic Growth
cnbc.com
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Microsoft Pauses Hiring in U.S. Consulting Division to Cut Costs

Microsoft's U.S. consulting division is pausing hiring and cutting spending through June 2025 to reduce costs, following recent layoffs and slower growth compared to other sectors; the company is still investing in AI.

Progress

36% Bias Score

Decent Work and Economic Growth