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Showing 101 - 110 of 741 results for "Labour market"

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
... Australian Bureau of Statistics' (ABS) latest report on job vacancies provide a good forward view of the domestic labour market. According to the ABS, "job vacancies were 27 per cent higher than 12 months earlier in February 2020, just before the ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... materially higher than it is currently. This will require significant gains in employment and a return to a tight labour market. The Board does not expect these conditions to be met until 2024 at the earliest." This is RBA governor Philip Lowe's ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... improved, from 90.9 last month to 109.6 in March" (Conference Board). Consumers' assessment of current and future labour market conditions also improved that, itself, was confirmed a few days later by the greater than expected increase in US non-farm ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... surprising with cases of coronavirus infections dropping, vaccine distribution running on full steam, a strengthening labour market, generous government handouts and pledges of continued low borrowing costs. The Conference Board's consumer confidence ...

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... March 28. It's still early days, but recent indications are that negative repercussions - particularly, on the labour market-would be limited. This is because workers' reliance on the subsidy has already been declining. The Australian Taxation ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... services and transport conditions continue to lag". Confident businesses beget confident consumers (through the labour market), making the jump in consumer confidence hardly a surprise. The Westpac-Melbourne Institute index of consumer confidence rose ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... not be "until 2024 at the earliest" when the RBA expects "significant gains in employment and a return to a tight labour market" to materially lift wages.

Shock statistics on gender gap on boards

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... however, reflect any underlying structural changes to women's overall position in the workforce. I expect to see more labour market volatility over the next 12-24 months as the nation settles into a new post-COVID-19 employment environment. As the nation's ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... since the Reserve Bank of Australia (RBA) provided a more optimistic assessment of and outlook for the domestic labour market. In its February 2021 'Statement on Monetary Policy' (SoMP), the RBA declared that: "The outlook for the labour market ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... from the global financial crisis of a decade before - bad news is good news. This is because the weakness in the US labour market only strengthens Joe Biden's bid to deliver his US$1.9 trillion stimulus package. And it will pack a punch. As per IMF ...