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Showing 141 - 150 of 824 results for "Labour market"

Strong wage growth lags inflation

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
... sector has a large proportion of jobs paid under multi-year enterprise agreements which tend to be less reactive to labour market conditions. Sharing her outlook, ASPL Group chief executive Kris Grant said with the tight labour market, pressure on salaries ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... reflecting external and, more significantly, domestic price pressures. As suggested by the latest employment report, the labour market has remained extremely tight, which has supported wage growth. "While the Fed will draw some comfort from todays' inflation ...

RBA lifts cash rate to 1.85%

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
... factors either. The central bank notes Australia has widespread upward pressures on prices from strong demand, a tight labour market and capacity constraints in some sectors of the economy. Nevertheless, inflation is forecast to peak later this year ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... congressional mandate to promote maximum employment and price stability, the current picture is plain to see: The labour market is extremely tight, and inflation is much too high." Aside from continuing the process of significantly reducing the size ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... employment and lower numbers of employed people becoming unemployed. "Together these flows reflect an increasingly tight labour market, with high demand for engaging and retaining workers, as well as ongoing labour shortages," Jarvis said. VanEck head ...

Australian corporate debt dwindles: Janus Henderson

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
Janus Henderson analysis found that Australian corporate debt has fallen 21.5% over 12 months because of booming cash flows from local miners. Sharp rebounds in profits among Australian companies along with debt repayments have pushed Australia's corporate ...

Inflation a greater danger than recession: Powell

ANDREW MCKEAN  |  THURSDAY, 30 JUN 2022
... lesser discussed issue of inflation psychology has drawn his attention. "There's been a shift in psychology in the labour market. For the past maybe two decades we haven't really had any indexation because people didn't worry too much about what the ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... since last year's review decision have been the sharp rise in the cost of living and the strengthening of the labour market. "The Panel concluded that given the current strength of the labour market, the increases it had decided to make will not ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... projection grew from 2.7% to 5.3% over this same period. "Wage and price pressures will rise given the already tight labour market and the strains on global supply chains, before moderating in 2023," the report said. This same OECD December report predicted ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... inflation." "But domestic factors are playing a role too, with capacity constraints in some sectors and the tight labour market contributing to the upward pressure on prices. The floods earlier this year have also affected some prices." Inflation is ...