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Showing 1 - 10 of 927 results for "unemployment rate"

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... Rule, a recession indicator that signals that a recession begins when the three-month moving average of the unemployment rate rises by 0.5% or more from its lowest point in the past year has flashed red. Although, the national US unemployment rate has ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... and growth in labour and non-labour costs eases. Employment is expected to continue to grow moderately and the unemployment rate and the broader underutilisation rate are expected to increase a bit further." This is the first time the RBA has convened ...

Agricultural sector in for a mixed 2024: Outlook

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... low Australian dollar," Rural Bank said. The cost of seasonal labour will also remain high, driven by the low unemployment rate and minimum wage awards. "A more favourable economic environment is expected to begin supporting agricultural markets in the ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... labour market and the Fair Work Commission's decision to uplift the minimum award wage significantly. "The unemployment rate has remained around a 48-year low, pretty much all year, which is an incredible outcome," she noted. "Further, the Fair Work ...

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 13 OCT 2023
... security, productivity, our skills need, and barriers to work," he said. "We've overseen 15 months where the unemployment rate has a three in front of it, and that's only happened in three other months since these records were first kept 45 years ...

Some explanations have missed the mark: Lowe

CASSANDRA BALDINI  |  FRIDAY, 8 SEP 2023
... target." Addressing the labour market, Lowe explained that when he assumed the role of governor in 2016, the unemployment rate stood between 5.5% to 6%, a far cry from the current 3.5%. "The share of Australians with a job has never been higher than ...

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
... not need to suffer an extended period of below trend growth or even a so-called "per capita recession". "The unemployment rate consistent with inflation returning to target could be much less than the 4.5% rate currently assumed by the RBA," he said. ...

Unemployment rate rises as gender wage gap narrows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... drop in employment in July, deviating sharply from the anticipated rise of 15,000 by economists. In July, the unemployment rate increased to 3.7%, up from 3.5% the previous month, despite economists' predictions of 3.6%. Concurrently, the participation ...

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... labour shortages have lessened," Lowe said. "With the economy and employment forecast to grow below trend, the unemployment rate is expected to rise gradually from its current rate of 3.5% to around 4.5% late next year. Wages growth has picked up in ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... gains averaged 244,000 jobs per month, a pace below that seen earlier in the year but still a strong pace. The unemployment rate remains low, at 3.6%," he said. He further noted that rent indicators suggest economic activity has been expanding at a moderate ...
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