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The American economy will grow this year and next but at a weak pace, the I.M.F.
WASHINGTON (AP) -- Private employers hired workers at a weak pace for the third straight month, making it likely that economic growth will slow further in the coming months.
The economy is likely to continue to grow at a weak pace in 2016, just as it did in 2015 and 2014.
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The service sectors in China (pdf) and Britain expand at a weaker pace.
The economy grew at a weaker pace than previously thought in the last three months of 2000, the government said today.
The productivity of U.S. workers during the first quarter grew at a weaker pace than expected, as the economy slowed and demand for goods slackened, a government report Thursday showed.
Productivity is rising at a relatively weak pace.
Even with the gain in productivity, the efficiency of American workers is still growing at a much weaker pace than last year.
That's a relatively weak pace that wouldn't spur robust job growth.
The policy maintains pressure on the government of Prime Minister Manmohan Singh to rein in subsidy spending and take other steps to bolster an economy growing at its weakest pace in almost a decade.
Russia's $2 trillion economy is growing at the weakest pace since a 2009 contraction.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com