MAEC Project TA41 Group by Tan Michael https://padlet.com/tans3ri/lr78gp5wqnor ANDRE, ANGUS, MICHAEL, ZHI WEI, CHRISTINE en-us 2017-05-18 06:00:23 UTC 2023-03-16 05:06:48 UTC hello@padlet.com ARTICLE 2 tans3ri https://padlet.com/tans3ri/lr78gp5wqnor/wish/172520686 shows that the unemployment rate is low in the UK]]> 2017-05-18 08:59:53 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/172520686 tans3ri https://padlet.com/tans3ri/lr78gp5wqnor/wish/172520813 ARTICLE 1 - shows the inflation rate of the UK

]]> 2017-05-18 09:00:27 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/172520813 ARTICLE 3 elmichristine https://padlet.com/tans3ri/lr78gp5wqnor/wish/172521573 -UK is facing a slower growth is GDP as there are inflation ]]> 2017-05-18 09:04:05 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/172521573 Our Preliminary Analysis tans3ri https://padlet.com/tans3ri/lr78gp5wqnor/wish/172525437 2017-05-18 09:23:11 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/172525437 ARTICLE 4 elmichristine https://padlet.com/tans3ri/lr78gp5wqnor/wish/172527903 Shows the decrease in unemployment but salaries are still lagging behind inflation]]> 2017-05-18 09:35:51 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/172527903 Introduction zhiweiigoh https://padlet.com/tans3ri/lr78gp5wqnor/wish/172530106 2017-05-18 09:50:37 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/172530106 Article 5 zhiweiigoh https://padlet.com/tans3ri/lr78gp5wqnor/wish/172532040 UK Jobless rate hit 42 year low]]> 2017-05-18 10:00:44 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/172532040 Inflation zhiweiigoh https://padlet.com/tans3ri/lr78gp5wqnor/wish/172532373
4)Economic Issue 3: Inflation
The main reasons for the inflation rate's rise in recent months are:

1. Higher airplane fares
- went up by 18.6%
2. Higher prices in clothing
- went up by 1.1%
3. Higher prices for vehicle excise duty and electricity. However was offset by fall in prices of diesel and petrol.

The challanges faced by British households are due to rising inflation, real wages fall and consumer spending will be squeezed as a result.
5)Conclusion

]]> 2017-05-18 10:02:30 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/172532373 Conclusion for Unemployment zhiweiigoh https://padlet.com/tans3ri/lr78gp5wqnor/wish/172535579 907,000 people had been unemployed for up to 6 months, 48,000 lesser than a year ago. This means that UK had done a good job in keeping the unemployment rate as low as possible. However, this does not mean that the GDP and the Inflation rate is on a bright side]]> 2017-05-18 10:22:52 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/172535579 Comment kinya_fujiwara https://padlet.com/tans3ri/lr78gp5wqnor/wish/177173364 Good amount of research done to find out the basic facts for your project. You can write your report as it is, but if you want to make it better, you can do more research to find out why UK inflation is up. You should also include a little bit about Brexit too. Make sure to include relevant charts and tables to address your point. Anyway overall well-done padlet wall.]]> 2017-06-22 07:01:21 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/177173364 Brexit and Impact on Sterling Pound andrewo0912 https://padlet.com/tans3ri/lr78gp5wqnor/wish/177463240 Brexit is the British's exit from the European Union (EU) on June 23 2016.

Due to this decision, the Sterling Pound's purchasing power has dropped significantly against the Euro's value. The 
pound fell 0.7 percent to $1.2754 as of 4:50 p.m. in London, and touched $1.2720, the lowest since 1985. It sank 0.8 percent to 87.97 pence per euro, after dropping to the weakest since February 2013.

Due to Brexit, there have been concerns relating economic growth, investments and jobs in the British economy.

Firms have also been cutting on costs due to the weakening of the British economy. Eg, Toblerone

]]> 2017-06-26 16:06:11 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/177463240 Intro tans3ri https://padlet.com/tans3ri/lr78gp5wqnor/wish/177613800 1) Intro:
Unemployment between October to December 2016 and January to March 2017 had decreased while the number of people who are in the labour force working increased about 122,000 more than October 2016 to December 2017. About 74.8% who is economically active (Aged 16 to 64 ) is currently employed. The percentage above is one of the highest comparable record since 1971. With the economically inactive percent dropped from 21.8% to 21.5% is also one of the lowest record since 1971.

]]> 2017-06-28 03:44:42 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/177613800 GDP tans3ri https://padlet.com/tans3ri/lr78gp5wqnor/wish/177613820 2) Economic Issue 1: GDP 
With the already weakened pound, UK GDP growth is falling. This has made import such as food, fuels and clothes to be more expensive for the locals.  There was a decreased in GDP due to the slowing employment wage growth even though there is a rising inflation. Thus people have lost the purchasing power to purchase goods, which leads to decrease in GDP.]]> 2017-06-28 03:45:05 UTC https://padlet.com/tans3ri/lr78gp5wqnor/wish/177613820 Unemployment angus_tan https://padlet.com/tans3ri/lr78gp5wqnor/wish/177614210 3)Economic Issue 2: 

Employment hit a record high in March and unemployment fell to it's lowest ever since 1975. This is due to businesses hiring more workers.

There is a total of 31.95 million people working, in which 74.8% are 16 to 64 yearold.

In April, unemployment dropped to 4.6% in the quarter following January. Currently, there are 1.54 million people that are unemployed. 




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