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Showing 131 - 140 of 1649 results for "Unemployment"

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

BENJAMIN ONG | MONDAY, 29 MAR 2021

... Force' 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 ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG | WEDNESDAY, 24 MAR 2021

... underscored by 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 ...

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG | MONDAY, 22 MAR 2021

... got 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

... above 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%) ...

Chief economist update: Confidence contagion

BENJAMIN ONG | THURSDAY, 11 MAR 2021

... to our labour market" (Westpac). Underscoring the "labour market" optimism, the consumer sentiment survey showed "unemployment expectations dropped by 2.1% over the month to a reading of 112.0, a whopping 23.3% fall from the same month last year. Confident ...

Childcare costs drag women's nest egg

KARREN VERGARA | MONDAY, 8 MAR 2021

... Programs offering worker (re)training and hiring subsidies targeted at workers who face greater risk of long-term unemployment should be explored," the IMF said. "More than two-thirds of Aware Super members are female and every day we see the very real ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG | WEDNESDAY, 3 MAR 2021

... been 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 ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG | THURSDAY, 25 FEB 2021

... December 2020, the current reading is the best in eight years and is above its long-term average of 101.3 points as "unemployment expectations" dropped by 3.8% over the month and by 15.0% from a year ago to 114.5 points in February - below its long term ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG | WEDNESDAY, 24 FEB 2021

... measures - no matter how inflation is measured - remain below the Fed's 2.0% inflation target. In addition, the US unemployment rate which stood at 6.3% as at January 2021 remains far above the 50-year low 3.5% before covid-19, not enough to put ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG | FRIDAY, 19 FEB 2021

... the labour market has improved as a result of the better starting point and growth outlook. It now appears that the unemployment rate has already peaked. Although the end of the JobKeeper program in March creates some uncertainty for the near term, over ...

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GSFM to distribute new strategy in Australia

ANDREW MCKEAN

Investment fund distributor GSFM has partnered with Alantra Asset Management to bring its €1.3 billion listed European small and mid-cap strategy (EQMC) to Australia.

Principal Finisterre launches new debt fund

ELIZA BAVIN

Offered exclusively to institutional and wholesale investors, the new fund will focus on emerging market debt.

How super funds could better support members: Research

ELIZA BAVIN

New research from TAL has identified several areas where super funds could better support members approaching retirement.

abrdn global chief executive steps down

KARREN VERGARA

The global chief executive of abrdn will step down at the end of June after four years in the top job.

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