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Showing 91 - 100 of 964 results for "Unemployment rate"

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
... Reserve chair Jerome Powell virtually buried the Philips Curve - the inverse correlation between inflation and the unemployment rate - by announcing that henceforth, the Fed is switching from a point target of 2% inflation to achieving "achieve inflation ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
... 2,200 jobs in July - paltry, but a great deal more than consensus expectations for job losses of 46,200. The unemployment rate fell from 4.9% in June to 4.6% in July. This is the ninth consecutive month of declining rate of joblessness, the lowest reading ...

KiwiSaver, NZ Super Fund architect remembered

JAMIE WILLIAMSON  |  FRIDAY, 20 AUG 2021
The man credited with spearheading the creation of KiwiSaver and the NZ Super Fund, Sir Michael Cullen, is being remembered as one of New Zealand's most influential politicians. The New Zealand government announced today the passing of Sir Michael Cullen ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
... figures for the previous two months were revised upwards by a total of 119K - 31K in May and 88K in June. The US unemployment rate dropped from 5.9% in June to 5.4% in July - better than market expectations for a decline to 5.7%. This is the lowest level ...

Economic recap: Week to July 16

BENJAMIN ONG  |  MONDAY, 19 JUL 2021
... hurdle from a position of strength. The Australian Bureau of Statistics (ABS) reports that the country's unemployment rate dropped to an 11-year low of 4.9% in June - below the March 2020's (when the pandemic and lockdowns began) 5.3% and the ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... expectations for a 700,000 gain and followed back-to-back lower-than-expected results in April and May. The unemployment rate inched up to 5.9% in June from the 14-month low of 5.8% recorded in May. In the Eurozone, the IHS Markit Eurozone Manufacturing ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... offsetting the 30,600 lost in the previous month and was 1.0% more in May 2021 than the start of the pandemic. The unemployment rate dropped to 5.1% in May - the seventh straight month of decline -- from 5.5% in April and 5.3% in March 2020 when lockdowns ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... because overall, there is judged to be spare capacity in aggregate in the economy at present." The country's unemployment rate may have dropped to an eight-month low of 4.7% in the three months to April but "it is likely that labour market slack ...

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
... first five months of this year, more than making up for the 96,400 positions lost in 2020. The ABS said the unemployment rate fell to 5.1%, which was below March 2020 (5.3 per cent) and back to the level in February 2020 (5.1%) - lower than expectations ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
... projections bear this out, upgrading this year's GDP growth to 7.0% from the 6.5% rate forecast in March, with the unemployment rate steadily improving from 4.5% this year to 3.8% in 2022 and 3.5% in 2023. The Fed's PCE price inflation - its ...

Editor's Choice

Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI
The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA
Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA
ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI
KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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