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Showing 151 - 160 of 1648 results for "Unemployment"

NSW economic performance slips: CommSec

ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
... state and territory using eight key indicators, including economic growth, retail spending, equipment investment, unemployment, construction work done, population growth, housing finance and dwelling commencements. Tasmania ranked first on relative population ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
... Full-time employment increased by 35,700 workers while part-time hires grew by 14,300. Even better is the decline in the unemployment rate to 6.6% in December from 6.8% in the previous - and this comes despite the 0.1 point increase in the participation ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... forecast to an expansion of 0.75% (MYEFO) from a contraction of 1.5% foreseen in the October Budget - leading to a lower unemployment rate and reduced underlying cash deficit (to 9.9% of GDP from 11.0% of GDP). It's only gonna get better. The coronavirus ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
... Nippon Life referenced life insurance industry's spike in income protection claims, COVID-19's impact and high unemployment which put MLC Life's business performance being "stagnant" beyond 2021. Commenting on his appointment, Rogers said ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
... are America's aggressive fiscal and monetary responses. The CARES Act, direct payments to households, extended unemployment benefits, the Paycheck Protection Progamme, etc. implemented by the government, along with the Fed's interest rate reduction ...

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... MLC Life's stagnant business performance continuing beyond next year [2021] is of concern in light of the increased unemployment rate due to worsening economy impacted by COVID-19 and expected increase in claims payment and cancellations etc. relating ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... budget update, MYEFO, with the upward revision in GDP growth forecasts and downward revisions in the outlook for the unemployment rate and future budget deficits. Spend and intervened the Morrison government did. According to the Budget Papers 2020-21 ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... -3.7% forecast in September), +4.2% in 2021 (from 4.0%), and 3.2% in 2022 (from 3.0%). The Fed now expects lower unemployment rates than it did three months ago - 6.7% (versus 7.6%) this year; 5.0% (from 5.5%) in 2021; and 4.2% (from 4.6%) in 2022 - ...

Chief economist update: Greed is good

BENJAMIN ONG  |  MONDAY, 7 DEC 2020
... rate of infections - retail, leisure and hospitality and other services - reported slowed jobs growth. Sure, the unemployment rate decline to 6.7% in November from 6.9% in the previous month but this was more a factor of more workers giving up on looking ...

We've done our part, now it's your turn: Lowe

ELIZA BAVIN  |  THURSDAY, 3 DEC 2020
... at its disposal to spur economic activity. "I believe we can get back to the inflation target and acceptably low unemployment rates, some time over the next half decade," Lowe said. "I'm not confident we are going to be able to do it tomorrow, but we ...