Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 183 results for "Jobless Rate"

Market Wrap - Morning

AAP  |  MONDAY, 9 NOV 2009
... shed. The Labor Department report, seen as one of the best indicators of economic momentum, showed a rise in the jobless rate from 9.8 per cent in September to 10.2 per cent, the highest since 1983. But the number of jobs lost narrowed to the lowest ...

Lucky, lucky, lucky

BENJAMIN ONG  |  FRIDAY, 28 AUG 2009
... rise. The unemployment rate is at 5.8 per cent. Hold on! Didn't someone say earlier this year that by this time, the jobless rate would be in the 7 per cent plus level? Businesses and consumers are growing more optimistic. Etcetera. Etcetera. Take these ...

Dead cat bouncers dead

BENJAMIN ONG  |  MONDAY, 10 AUG 2009
... unemployment reading was great, you'll certainly be rejoicing - as Wall Street did - at the reduction in America's jobless rate. Here at home, the Australian Bureau of Statistics reported that the unemployment rate was unchanged at 5.8 per cent in July ...

Jobs, jobs, jobs

BENJAMIN ONG  |  THURSDAY, 6 AUG 2009
... March this year when most of us were fearful, the headlines read, "Job losses worst for 18 years" (AFR). "Australian Jobless Rate Climbs to 4-Year High of 5.2%" (Bloomberg). You can't help but laugh re-reading these headlines now, can you? Now that the ...

No fear

BENJAMIN ONG  |  FRIDAY, 3 JUL 2009
... data sinks US stocks'. Yes, they're out in force again today. Lamenting the miniscule 0.1 per cent uptick in the US jobless rate to 9.5 per cent in June instead of rejoicing at the fact that this was 0.2 per cent better than market expectations for a ...

Market Wrap - Morning

AAP  |  FRIDAY, 3 JUL 2009
... Analysts had expected a smaller number of 365,000 job losses, but a higher unemployment rate of 9.6 per cent. The jobless rate in May was 9.4 per cent. Ahead of a long weekend, the Dow Jones Industrial Average lost 223.32 points, or 2.63 per cent, to ...

Take your pick

BENJAMIN ONG  |  THURSDAY, 28 MAY 2009
... expecting some 4.5 million workers will be out of a job this year - raising the unemployment rate to 9.8 per cent. The jobless rate is expected to come down only slightly to 9.3 per cent next year. You can also quote from the same NAR report and see ...

Bull market on Wall Street

BENJAMIN ONG  |  FRIDAY, 15 MAY 2009
... indicator of unemployment and confirms that the US 'authorities' worst case scenario of a 10.3 per cent rise in the jobless rate by 2010. My calculations based on the jobless claims show that this would be hit sooner. However, they also show that claims ...

Beware the Budgets

BENJAMIN ONG  |  MONDAY, 11 MAY 2009
... scenario laid down by the examiners. This scenario factored in a 3.3 per cent economic contraction and an average jobless rate of 8.9 per cent this year, rising to an average of 10.3 per cent in 2010. This begs the question of whether this scenario is ...

Lies, damned lies and statistics

BENJAMIN ONG  |  FRIDAY, 8 MAY 2009
... statistics is based on samples and are therefore subject to sampling errors. It is possible that the April 5.4 per cent jobless rate was understated as much as the 0.5 per cent jump in March to 5.7 per cent rate was. The real rate must be somewhere in ...