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Showing 111 - 120 of 964 results for "Unemployment rate"

Women participation rate booms

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... highest female participation rate in the workforce ever at 61.8%, up from February data of 61.4%. Overall, the unemployment rate declined to 5.6%, down from 5.8% month on month, with around 71,000 jobs created. Of those, 55,400 or 78% were filled by ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
... circle of virtue is gaining momentum. Here are the key stats of the seasonally adjusted estimates for March 2021: Unemployment rate decreased to 5.6% - the lowest level since March 2020 - from 5.8% in February Participation rate increased to 66.3% - ...

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

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... expected to remain below 2 per cent over the next few years." But when? Historical data shows that even when the unemployment rate dropped to multi-decade lows of around 4.9% back in 2011, wages growth remained subdued and measured inflation rose only ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... employment since August last year and is significantly higher than consensus expectations for a 647,000 gain. The unemployment rate declined to 6.0% in March from 6.2% in the previous month and the all-time high of 14.8% recorded in April last year. ...

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

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... vaccinate every adult (18 and older) in the country by July 4" - just in time for Independence Day. While the US unemployment rate -- at 6.2% in February - remained well-above pre-pandemic levels - 3.5% in February 2020 and 4.4% in March 2020 - the Conference ...

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

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... report shows total employment is 1800 scalps short of the tally recorded last year before the pandemic and the unemployment rate dropped to 5.8% - the lowest level since March 2020. This is good news for the Morrison government which just ended JobKeeper ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... the Fed's upgrade to its 2021 GDP growth projection to 6.5% (from 4.2% forecast in December 2020) and an unemployment rate of 4.5% (from 5.0% predicted three months before). The Fed predicts a temporary acceleration in inflation (the PCE price index) ...

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG  |  MONDAY, 22 MAR 2021
... its first bite at Australia, sending the economy falling to its first-ever recession in 29 years that sent the unemployment rate up to 7.5% -- the highest level in two years and two months. The economic contraction would have been worst and the rate ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... the US Congressional Budget Office's (CBO) estimate of America's potential growth rate of 2.0%. The unemployment rate would be lower. It's now seen at 4.5% this year (from 5.0% projected in December 2020); 3.9% in 2022 (from 4.2%); and, 3.5% ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... stronger than was earlier expected. There has been strong growth in employment and a welcome decline in the unemployment rate to 6.4%. Retail spending has been strong and most of the households and businesses that had deferred loan repayments have now ...