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Showing posts with the label Navigating Employment Dynamics: Understanding the Formal vs. Informal Sectors

U.S. Economic Growth Slows Amid Tariff Pressures: A 2025 Outlook

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📉 U.S. Economic Growth Slows Amid Tariff Pressures: A 2025 Outlook As 2025 unfolds, the U.S. economy is showing signs of strain amid a global slowdown and heightened trade barriers. Here's a detailed look at the latest forecasts and implications based on insights from the OECD, Federal Reserve, and key market indicators . 📊 1. U.S. Growth Forecast Downgraded by OECD The Organisation for Economic Co-operation and Development (OECD) has revised the U.S. GDP growth forecast for 2025 to 1.6% , down from 2.8% in 2024 . The forecast for 2026 remains muted at 1.5% , reflecting persistent uncertainty driven by: Elevated trade barriers Reduced consumer spending power Sluggish business investment 💸 2. Tariffs Fueling Inflation & Trade Costs The average U.S. tariff rate has climbed to 15.4% , the highest level since 1938 . These tariffs have raised import costs, which are now being passed on to consumers: Projected consumer price inflation is expected to rise to...
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Navigating Employment Dynamics: Understanding the Formal vs. Informal Sectors

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Introduction: Employment dynamics play a pivotal role in shaping the socio-economic landscape of a nation. In India, the distinction between formal and informal sectors highlights diverse employment patterns, labor conditions, and policy implications. In this post, we'll explore the nuances of these sectors, their impact on the economy, and the challenges they present. Formal Sector: Engine of Organized Employment Characteristics: The formal sector comprises organized enterprises that operate within regulatory frameworks, offer employment contracts, provide social security benefits, and contribute to tax revenues. It includes industries such as manufacturing, finance, IT, and government services. Key Features: Formal sector jobs typically offer higher wages, job security, career advancement opportunities, and access to benefits such as health insurance, provident fund, and paid leave. They adhere to labor laws, occupational safety standards, and employee welfare policies. Policy ...
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