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Showing 171 - 180 of 825 results for "Labour market"

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 ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... continued acceleration in household spending going forward, not to mention, the improvement in the country's labour market. Household consumption grew by 1.2% in the March 2021 quarter, contributing 0.7 percentage points to growth and driven by a ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... this year (from 4.75% it forecast in March and 3.2% in December 2020. This stronger economic growth would boost the labour market with the RBA expecting the jobless rate to continue to fall "to be around 5% at the end of this year and around 4.5% at ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... by 4.8% in May from April, the 113.1 reading is the second highest since April 2010. And why not? Australia's labour market continues to improve despite the withdrawal of the government's JobKeeper scheme. The country's unemployment rate ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... March 2021 quarter to 2.4% at the end of the year, reflecting the April 2021 minimum wage increase and a tightening labour market. Annual wage inflation peaks at 2.6% later in the projection..." Higher wages lift inflation. The RBNZ believes that headline ...

Accessing super cements inequality: Report

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
... "As savings and superannuation have been depleted over the past year, many people have been left more exposed to labour market risks, with a limited capacity to absorb future shocks," the report warned. Overall, the research found that harmful economic ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... spare capacity and unemployment is still too high. It will take some time to reduce this spare capacity and for the labour market to be tight enough to generate wage increases that are consistent with achieving the inflation target... Looking through ...

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
... inflation eased somewhat at the start of last week after US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added 266,000 jobs in April, well below market expectations for a nearly 1 million gain (978,000 to ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... economic recovery. Further to this, the government said the conclusion of JobKeeper is not expected to interrupt the labour market or broader economic recovery. "Labour market outcomes have surpassed even the most optimistic of expectations. With close ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... index even rallied new record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added 266,000 jobs in April, well-below market expectations for a nearly 1 million gain (978,000 to ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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