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Showing 121 - 130 of 1721 results for "unemployment"

We did too much: Lowe

CASSANDRA BALDINI  |  FRIDAY, 17 FEB 2023
... "We were being told tens of thousands of people would die, temporary morgues were being built in the cities, the unemployment rate was 15%, our borders were closed, there was no vaccine for years, we couldn't move around our cities, we were locked ...

I know it's hard, but it could be harder: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
... hurts people, it damages income inequality. And if it stays high, it leads to higher interest rates and, and more unemployment." Lowe explained there are risks in both direction and said the RBA's main objective is to travel "that narrow path." "No ...

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... growth is projected to remain steady until mid-2025, before showing a slight pick-up. As economic growth slows, the unemployment rate is forecast to increase. The labour market is expected to remain tight with the unemployment rate forecast to stay around ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... of softer domestic data recently - across retail sales, house prices, loans and credit growth, and employment and unemployment; the RBA didn't mention this," UBS said. UBS now forecasts a 25-basis point interest rate hike in March, with the potential ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... Economics managing director Stephen Koukoulas expects the RBA to hold rates steady. "Slow growth, an uptick in the unemployment rate and a sharp fall in inflation will allow a rate cut by year end," Koukoulas said.

Skill shortage to continue to cost Aussie companies

CASSANDRA BALDINI  |  MONDAY, 30 JAN 2023
... lack of talent will cost them. According to research conducted by specialised recruiter Robert Half, the recent 3.5% unemployment rate that circles dangerously close to a 50-year low has led 44% of employers to believe the skill shortage will be the ...

Bonds are back: GSFM

CHLOE WALKER  |  WEDNESDAY, 25 JAN 2023
... to Miller, the data doesn't validate that view at the moment. "If we look at the labor market in the US, the unemployment rate is still pretty close to a fifty-year low. I can remember when man walked on the moon, and that was the last time (until ...

Super system shields against macro storm: Fundie

CASSANDRA BALDINI  |  WEDNESDAY, 7 DEC 2022
... financial conditions will add to a bigger drag on demand leading to a slump in growth and a potential increase in unemployment. "Clearly what government and central banks are trying to do at the moment is rein in inflation and create a soft landing where ...

RBA governor cites climate, energy transition in inflation response

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... that the current period of high inflation is only temporary. He cited the 1970s and 80s, which featured both high unemployment and high inflation as well as economic stagnation in Australia and the US as a warning, saying "in both cases, bringing inflation ...

Federal Reserve raises rates 0.75%

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... continue raising interest rates at an alarming pace. "In contrast to your belief that slower economic growth and higher unemployment are 'something that we think we need to have,' some economists question whether crushing the job market is necessary ...