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Showing 91 - 100 of 1325 results for %22unemployment rate%22

Economic recap: Week to September 10

BENJAMIN ONG  |  MONDAY, 13 SEP 2021
... had considerable momentum... Business investment was picking up and the labour market had strengthened. The unemployment rate had fallen below 5% and job vacancies were at a high level." "The recovery in the Australian economy has, however, been interrupted ...

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
... any politician has made in recent times." His tenure as Finance Minister also New Zealand have one of the lowest unemployment rates in the OECD, strong economic growth and one of the lowest levels of public debt in the world, he added. Chair of the Guardians ...

Wage growth remains low

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
... impacts of the COVID-19 pandemic were recorded in the wage price index." The depressed wage growth is despite low unemployment in Australia - hovering around 5%, though likely set to rise due to ongoing lockdowns in New South Wales and Victoria.

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 ...

Editor's Choice

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON
The fund manager is looking to significantly boost its local lineup of active ETFs.

Prime Super finds new chief executive

ANDREW MCKEAN
Prime Super has appointed former Zurich chief of business transformation Raeline Seales as its new chief executive.

Performance test needs better metrics, durability

KARREN VERGARA
The superannuation performance test has several shortcomings that must be addressed in Treasury's latest round of consultation so it is fair and sustainable, the Actuaries Institute Summit heard.

Charles River appoints new head of APAC

ELIZA BAVIN
The State Street-owned company will welcome a new head of Asia Pacific.

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