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Showing 101 - 110 of 964 results for "Unemployment rate"

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... 7.25% -- the fastest rate since World War II - this year from the February 2021 estimate of 5.0% and for the unemployment rate to peak at 5.5% later this year - as significant drop from the 7.75% it predicted three months earlier. But with indications ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... market continues to improve despite the withdrawal of the government's JobKeeper scheme. The country's unemployment rate fell from 5.7% in March to 5.5% in April - just 0.2 percentage points (or 33,000 people) above the start of the pandemic ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... output gap from negative to a big positive. This is supported by its unemployment and inflation forecasts. "The unemployment rate is assumed to have peaked at 5.2% in the September 2020 quarter. Over the projection, the unemployment rate is assumed to ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
... recipients "may lose employment at the completion of the program" when it's retired on March 28 and that "the unemployment rate could rise a little over coming months" and some, if not many, businesses would fold. Economic surveys and stats released ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... Australian economy is certainly recovering faster than expected and the labour market has improved significantly. The unemployment rate dropped to 5.6% in March after jumping to 7.5% in July last year -- its highest level in 22 years. But it would take ...

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
... (-146,000) estimates combined to show that employment was 78,000 less than previously reported. Likewise, the unemployment rate ticked up to 6.1% in April from 6.0% in the previous month. But on the third day, it rose again, when the same bureau reported ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... COVID-19 has improved the budget position from initial projections, with a significantly lower than expected unemployment rate. The unemployment rate currently sits at 5.6%, which is lower than pre-pandemic levels, and the economy contracted just 2.5%. ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... (-146,000) estimates combined to show that employment was 78,000 less than previously reported. Likewise, the unemployment rate ticked up to 6.1% in April from 6.0% in the previous month. Fortunately for US Treasury Secretary Janet Yellen, she was quick ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... since World War II - this year from the February 2021 estimate of 5.0%. Likewise, the BOE now forecasts the unemployment rate to peak at 5.5% later this year - as significant drop from the 7.75% it predicted three months earlier. The BOE believes that ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... Australian economy is certainly recovering faster than expected and the labour market has improved significantly. The unemployment rate dropped to 5.6% in March after jumping to 7.5% in July last year -- its highest level in 22 years. This jobless rate ...