Tag Archives: Unemployment

29May/26

Britain’s Million Missing Young Workers

Rebuilding the Broken Ladder: Strategic Interventions to Save the UK’s Entry-Level Job Market

Fri, May 28 2026 /Mpelembe Media/ — The United Kingdom is facing a severe youth detachment crisis, with the number of young people Not in Education, Employment, or Training (NEET) surpassing 1 million, which equates to roughly one in eight young people. If left unaddressed, this figure could surge to 1.25 million within five years. This trajectory leaves the UK with the third-highest NEET rate among wealthy European nations, trailing only Italy and Lithuania. The crisis exacts a massive toll, costing the UK economy an estimated £125 billion annually in lost productivity, foregone taxes, and increased health and welfare expenditures. Continue reading

26Jan/26

Global Retail Outlook 2026: Slower Growth and the “Flight to Value” Amid Economic Strain

Jan. 26, 2026 /Mpelembe Media/ — This market analysis report from Bain & Company predicts a deceleration in retail sales growth across the United States, United Kingdom, France, and Germany for 2026. This financial outlook attributes the slowdown to persistent economic pressures, including rising unemployment and cautious consumer sentiment, which are driving shoppers toward lower-cost alternatives. While the United States is expected to see a slight dip to 3.5% growth, European nations like France and the UK face even tighter margins with nearly flat volume gains. To combat these trends, the report suggests that businesses must leverage artificial intelligence and refine their value propositions to remain competitive. The documentation is hosted by the Mpelembe Network, a platform that aggregates global news and trending topics ranging from macroeconomics to emerging technologies. Continue reading

09May/25

Recession Product Launch Advantages

May 9, 2025 /Mpelembe Media/ — According to research featured in MIT Sloan Management Review, launching new products during an economic downturn can be a strategic advantage. The study found that products introduced during recessions often achieve better sales, market share, and longevity than those launched during prosperous times. Continue reading

26Sep/24

Global IPOs remain resilient amid elevated uncertainty and market volatility

Amid a global economic slowdown, market volatility, geopolitical shifts and monetary easing, the global IPO market in Q3 2024 has shown signs of cautious optimism. Despite a dip in year-over-year (YOY) volumes by 14% to 310 IPOs and proceeds by 35% to US$24.9b, Q3 did modestly outpace the first two quarters of 2024 in IPO launches. Continue reading

19Apr/23

There are concerns that the cost of living crisis could lead to social unrest.

April 19, 2023 /Economy/ — The cost of living crisis is a global issue, and it is having a significant impact on people in the UK. Energy bills, food prices, and fuel costs are all rising, and this is putting a strain on household budgets. There are concerns that the cost of living crisis could lead to social unrest, and there is no clear timeline for when this could happen.
Continue reading

14Mar/23

Budget 2023: government needs to show it can jack up growth to regain economic credibility

Steve Schifferes, City, University of London

UK chancellor Jeremy Hunt’s spring budget is a tricky one in terms of timing. Having announced a set of steadying measures in the autumn statement after the Truss/Kwarteng debacle, this budget is likely to be the last but one before a 2024 general election. This makes it a little early for eye-catching tax cuts or business boosts.

Continue reading

26Oct/22

Four scenarios for a world in disorder

David Bach, International Institute for Management Development (IMD)

Chinese leader Xi Jinping’s recent speech to the Communist Party Congress could be one of the most consequential of the decade. He told the audience – and the world – that his economic growth-crushing zero-COVID policy is here to stay, and that Beijing is more determined than ever to reunify with Taiwan, peacefully if possible and by force if necessary.

Continue reading

12Sep/22

Man vs Machine: Delivery driver fights algorithm in Bollywood film

  • “Zwigato” shows struggles of gig worker on food-delivery app
  • India has about 8 million workers, many on low wages
  • Film could help change our views of future of work

By Rina Chandran

Sept 8 (Thomson Reuters Foundation) – A worker loses his job during the pandemic, and signs up to become a driver for a food-delivery app: this was the reality for millions in the past two years, and is also the story of a new Bollywood film that examines the gig economy in India.
Continue reading