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Showing 141 - 150 of 1648 results for "Unemployment"

SG rise a bad idea: Chartered Accountants

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... "Since the last election, there has been a global pandemic, the first Australian recession in 29 years, our highest unemployment in 20 years, record stagnancy in wage growth, and the world falling apart at the seams," CA ANZ superannuation leader Tony ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... to end on March 28. The "shampoo-ers" argue that withdrawing JobKeeper "prematurely" would cause the country's unemployment to spike. Australian Federal Treasurer Josh Frydenberg has already ruled out the possibility of extending the government's ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... notably through widespread bankruptcies and job losses. This would also hurt the financial sector, increase long-term unemployment and worsen inequalities."

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 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: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... US economy remains around 10 million jobs short of the peak recorded in February last year. Similarly, while the unemployment rate dropped to 6.3% in January 2021 from 6.7% in the previous month and below expectations for it to remain at 6.7%, it's ...

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
... which is close to zero over the forecast period (Table 1.A)." Table 1.A shows the BOE's growth, inflation and unemployment rate projections assumed the Bank Rate at minus 0.1% by the first quarter of 2022 and up to the first quarter of the following ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... outlook, he said: "The economy is expected to operate with considerable spare capacity for some time to come. The unemployment rate remains higher than it has been for the past two decades and while it is expected to decline, the central scenario is ...

Billionaires profit from pandemic: Report

KARREN VERGARA  |  FRIDAY, 29 JAN 2021
... very quickly. She described the reduction of JobSeeker payments, a lifeline for millions of Australians thrown into unemployment, as "devastating". "While the government should be congratulated for acting quickly to implement wage subsidies and other ...

Chief economist update: Taper talks are premature

BENJAMIN ONG  |  FRIDAY, 29 JAN 2021
... the December quarter from -2.8% in the September quarter and the sharp 9.0% drop in the June 2020 quarter. The US unemployment rate tells the same narrative. It's dropped to 6.7% in December 2020 from the record high of 14.8% recorded in April but ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
... economy backed by the rebound in GDP in the third quarter and the better than predicted fall in the country's unemployment rate. Australian GDP grew by 3.3% in the September quarter following two consecutive quarters of contraction -- -0.3% in the ...