Föhrenbergkreis Finanzwirtschaft

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Archive for 31. Oktober 2019

Europe Is Hiring—But Its Workforce Isn’t Ready

Posted by hkarner - 31. Oktober 2019

Date: 30-10-2019
Source: The Wall Street Journal

Businesses ready to pay skilled workers can’t find enough candidates, a ‘top issue’ across the EU

Barbara Colombo sells complex machinery made at her family’s factory to businesses in 126 countries but is still having trouble convincing unemployed young Italians to get skills so they can join the workforce.

Though every third young Italian is jobless, Ms. Colombo’s Ficep SpA and other companies in this thriving industrial region near Milan are struggling to fill well-paying factory jobs. The local vocational school, because of low enrollment, had only 80 graduates when nearby companies asked for about 300 last year, she said.
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The Global Informal Economy: Large but On The Decline

Posted by hkarner - 31. Oktober 2019

By Thomas F. Alexander

The informal economy, which is economic activity that falls outside the regulated economy and tax system, such as street vending or unregistered taxi drivers, is hard to measure.

People and companies engaged in the informal economy usually operate on a small scale. This means there are no official statistics on the informal or shadow economy, as it’s sometimes called, so economists need to estimate its size. Some common techniques include surveys or indirect indicators such as the demand for currency.

The size of the informal economy—measured as a share of GDP—has fallen gradually across all regions.

Our chart of the week, based on an updated version of earlier IMF research, shows that the size of the informal economy—measured as a share of GDP—has fallen gradually across all regions. While reforms to reduce informality, such as reducing the hurdles to registering a business, are working, the shift from informal to formal takes time. Den Rest des Beitrags lesen »

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Boris Johnson’s Brexit Election

Posted by hkarner - 31. Oktober 2019

Date: 30-10-2019

Source: The Wall Street Journal By The Editorial Board

Corbyn could win if the Tories fail to offer a vision of Greater Britain.

Boris Johnson on Tuesday finally cajoled Britain’s reluctant Parliament to call a December general election to try to settle Brexit. It’s a brave and desperate gamble—and one that will work only if he runs a campaign persuading voters to embrace a Brexit vision bigger than the divorce deal he needs a new Parliament to pass.

Britain’s recent Brexit miseries have arisen from the hung Parliament elected after Theresa May’s disastrous 2017 bid for a larger majority. Mrs.

May’s big-government-conservative campaign left voters confused about what improvements either Brexit or a Conservative government could bring.

She barely held on in tenuous alliance with a Northern Ireland unionist party that caused her to adopt impractical red lines on trade policy in Brexit talks with the European Union, and her Brexit deal failed in Parliament. Den Rest des Beitrags lesen »

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