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Showing 121 - 130 of 741 results for "labour market"

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
The US labour market continues to get betterer and betterer. The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.37 million in August - in line with market expectations and marked the fourth straight month of increase ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... if necessary. In turn, the Chancellor of the Exchequer Rishi Sunak announced a package of measures to support the labour market. Australia is a luckier country still.

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... at an annualised rate of 32.9% in the June 2020 quarter on top of the 5.0% drop in the first quarter. The latest labour market tally has the unemployment rate improving from the all-time high of 14.7% in April, but at 10.2% (in July), remains above the ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... any good news to be found here, it is that this decline is not as large as initially feared. Similarly, while the labour market outcomes have been poor, they have not been as bad as expected." Looking forward, the RBA governor said there is a high degree ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
There's good news and bad news in the US labour market report for July. First, the good news: The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.8 million in July - more than market expectations for an increase ...

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
... Australia and other countries were to experience further widespread lockdowns, the recovery in both output and the labour market would be delayed." As with all other economies on planet Earth, the outlook is "dependent on containment of the virus". As ...

Financial comfort reliant on fiscal support: ME Bank

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... financial emergency increased 9% to a record 5.25 and cash savings up 8% to 5.48. "Fear of COVID-19 and a very weak labour market triggered many households to increase precautionary savings, reduce spending, draw on long-term savings, such as superannuation ...

Financial services jobs show signs of recovery

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... reintroduction of restrictions in Victoria and the risk of renewed restrictions elsewhere means the recovery in the labour market remains fragile," Parker said. "Opportunities for both permanent and contingent employment still remain well below pre-COVID ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... to be hanging over many households, he said. "The relaxation of containment measures can be seen in this month's labour market report. Broadly these trends should continue in the months ahead, albeit with state level differences given the level three ...

Chief economist update: Stop right now, thank you very much

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
... is fighting back." Prime Minister Scott Morrison's declaration referring to the bounce back in the Australian labour market wouldn't have rung hollow had it not been for the second wave in Victoria - the country's second largest state that ...