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Showing 171 - 180 of 1649 results for "Unemployment"

Women focus in Labor budget reply

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
... business investment going backwards, a doubling of debt," he said. "Now they are cutting wage subsidies, slashing unemployment benefits back and have no plan for childcare, aged care or social housing." Labor has also proposed the removal of the annual ...

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
... 2021/22 and continued positive growth thereafter. This is also predicated on the Treasury's forecasts that the unemployment rate would steadily come down from 7.25% in 2020/21 to 6.5% in 2021/22 to 6.0% in 2022/23 and 5.5% in 2023/24. To be sure ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... "That's one trillion dollars of debt but millions of Australians left behind, including 928,000 people aged over 35 on unemployment benefits deliberately excluded from hiring subsidies. One trillion dollars of debt, a track record of no delivery and ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... that spending will decrease to the $200 billion level in 2021-2022. The government's economic modelling expects unemployment to peak at around 8% in the December quarter of this year, before falling over the next few years as the economy recovers. ...

Australia world class in retirement wellbeing

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... in the middle of all GRI countries for Material Wellbeing, which measures income equality, income per capita and unemployment. Natixis chief executive Jean Raby said: "Individuals, employers, institutions, policymakers and asset managers all have an ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
... increased by 111,000 people in August 2020, with: - the number of unemployed people decreasing by 86,500 people; - the unemployment rate decreasing by 0.7 percentage points (pts) to 6.8%; - the underemployment rate remaining at 11.2%; - the underutilisation ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... years - 4% versus 5% in 2021 and 3% from 3.5% in 2022 before expanding by 2.5% in 2023. The Fed also upgraded its unemployment rate predictions to 7.6% this year (from 9.3% forecast in June), 5.5% (from 6.5%) next year, and 4.6% (from 5.5%) in 2022 and ...

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
... 11.2% over the month and by 4.5% in the year to September. This is backed by the sharp decline 14.8% drop in the "unemployment expectations index" (i.e. consumers expect a decline in unemployment). Whether or not consumer and business confidence continues ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
... transportation and warehousing (78,000), financial services (36,000) and manufacturing (29,000). Even better, the US unemployment had dropped back to single-digits, down to 8.4% in August from 10.2 in the previous month and the fourth consecutive month ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... forever." Pearson said in the coming months, many households may face hits to incomes and wealth, and elevated levels of unemployment. "And many businesses will be cautious about investing in their future while there is excess capacity and the need to ...