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Showing 1481 - 1490 of 1732 results for "Unemployment"

Jobless rate in perspective

BENJAMIN ONG  |  FRIDAY, 13 MAR 2009
... tendencies. We are certainly doomed now because the Australian Bureau of Statistics' (ABS) tallied the country's unemployment rate at 5.2 per cent in February, a 4 percentage point increase from 4.8 per cent in the previous month and a 1.3 percentage ...

Spring springs on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2009
... want to see, hear what they want to hear. Last night, they did not hear Bernanke say that it is possible that the US unemployment rate could go up to 10 per cent. They did not see the Wall Street Journal warning that credit cards would be the next to ...

Fanning the flames of fear

BENJAMIN ONG  |  TUESDAY, 10 MAR 2009
... What could be worse than news over the weekend that America sacked another 651,000 workers in February, taking the unemployment rate up to 8.1 per cent - the highest in 25 years. Last month, the jobless rate was 7.6 per cent. Last year, it was 4.8 per ...

Market Wrap - Morning

AAP  |  MONDAY, 9 MAR 2009
... not as horrific as many traders feared. The Labor Department said employers cut 651,000 jobs last month, and the unemployment rate jumped to 8.1 per cent. The government also upwardly revised its December and January job loss figures to 681,000 and 655,000 ...

Thank you RBA

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2009
... and Aldi planning to put an additional 2,600 workers in its stores this year? This is the reason why Australia's unemployment rate has remained low 4.8 per cent. If you do the maths 4.8 per cent unemployment means 95.2 per cent of the workforce are employed. ...

GFC in a fortnight

BENJAMIN ONG  |  MONDAY, 2 MAR 2009
... corporate revenues. Lower revenues force companies to reduce costs to preserve profits by slashing head count (rising unemployment) and inventories (slumping industrial production). Falling industrial output leads to less imported inputs demanded from ...

No bad news is no news

BENJAMIN ONG  |  FRIDAY, 13 FEB 2009
... November 2008 Labour Force report was released, headlines focused on the 15,600 jobs lost during the month. Not that unemployment remained at a low 4.4 per cent. When the December 2008 report was released, headlines shifted to the 43,900 full-time positions ...

Plusses and minuses

BENJAMIN ONG  |  THURSDAY, 12 FEB 2009
... points do not augur well for the Australian employment report the ABS is set to release at 1130 this morning. The unemployment rate is expected to rise to 4.7 per cent in January from 4.5 per cent in December. Similarly, markets expect that the report ...

Market Wrap - Morning

AAP  |  THURSDAY, 12 FEB 2009
... Inflationary Expectations for February is due for release, as is the Westpac-Melbourne Institute Survey of Consumer Unemployment Expectations for February. The National Australia Bank business survey for the December quarter will be published. In company ...

Transcending politics

BENJAMIN ONG  |  TUESDAY, 10 FEB 2009
... across the spectrum have warned that if we don't act immediately, millions more jobs will be lost, and the national unemployment rate will approach double digits.' He wants the package wrapped up and on his desk before Congress breaks for the President's ...