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Showing 161 - 170 of 824 results for "Labour market"

PIMCO lowers GDP growth rate

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
... global financial conditions, geopolitical tensions, a house price correction, and climate-related events. As for the labour market, PIMCO thinks its recovery has been uneven and varied among developed countries. It predicts a tighter US labour market ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
... increase the cash rate until actual inflation is sustainably within the 2 to 3% target range. This will require the labour market to be tight enough to generate wages growth that is materially higher than it is currently. This is likely to take some ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
... that while she expects inflation to ease in the second half of next year as supply chain bottlenecks and the tight labour market improve, rising consumer prices will continue before then. That's a long hot summer, spring and winter in Australia. ...

Economic recap: Week to September 10

BENJAMIN ONG  |  MONDAY, 13 SEP 2021
... the Delta outbreak the Australian economy had considerable momentum... Business investment was picking up and the labour market had strengthened. The unemployment rate had fallen below 5% and job vacancies were at a high level." "The recovery in the ...

Experts torn on inflation outlook

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... supply issue - it is turning out to not be that short term. "The medium-term outlook is going to be dictated by the labour market. What I am seeing does not point to transitory measures at all. We have seen employment snap back," she said. "The labour ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
... for the safe haven Japanese yen and the safe haven commodity, gold. While there was good news on Australia's labour market, business and consumer sentiment indicators suggest this wouldn't last long. The economy added 2,200 jobs in July - paltry ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
... in third quarter GDP - before it gets back on track in the December 2021 quarter. There were good news in the US labour market. The Bureau of Labor Statistics (BLS) reported that non-farm payrolls grew by 943K in July. This is the biggest addition to ...

Chief economist update: Local and foreign love affair with Australian property

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2021
... underpinned by the faster than expected economic recovery that's underscored by the improvement in the domestic labour market and the Reserve Bank of Australia's (RBA) continued accommodative monetary policy.

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... growth in GDP up to 1.1% and national output above the level it was before the coronavirus struck. Australia's labour market stats indicate that economic growth will continue to progress going forward. Employment increased by 115,200 in May - way ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... unemployment rate may have dropped to an eight-month low of 4.7% in the three months to April but "it is likely that labour market slack has remained higher than implied by this measure" because, "some individuals stopped looking for work during the ...