Category: business outlook

US Expected to See More Unemployment and Slower Hiring This Year

The unemployment rate in the United States is set to worsen further as businesses are predicted to add fewer workers in the course of this year based on a quarterly Economic Indicator poll by Bankrate. The U.S. unemployment rate is expected to be at 4.6 percent a year from now, according to survey results published…


China’s Market Environment Deteriorates as Foreign Investment Confidence Drops to New Low

China’s business outlook has dropped to a historic low while revenue forecasts reached the lowest in a decade, according to hundreds of American businesses operating in the country. An annual business report released by the American Chamber of Commerce in Shanghai (AmCham Shanghai) on Oct. 28 showed that only 55 percent of the companies surveyed…