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Showing 191 - 200 of 1722 results for "Unemployment"

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... subdued and are expected to remain so for some years. The economy is operating with considerable 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 ...

Chief economist: The path to normality

BENJAMIN ONG  |  TUESDAY, 18 MAY 2021
... report, they acknowledged that there's still high pressure to support employment and thus, decided to extend unemployment support till the end of this year. This, despite China's unemployment dropping to a pre-pandemic rate of 5.1% in April from ...

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

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
... March (-146,000) estimates combined to show that employment was 78,000 less than previously reported. Likewise, the unemployment rate ticked up to 6.1% in April from 6.0% in the previous month. But on the third day, it rose again, when the same bureau ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... stead. "Ahead of any major advanced economy, Australia has seen employment go above its pre-pandemic levels. At 5.6%, unemployment today is lower than when we came to government... Australia's fate could have been so much worse. The United Kingdom ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... from COVID-19 has improved the budget position from initial projections, with a significantly lower than expected unemployment rate. The unemployment rate currently sits at 5.6%, which is lower than pre-pandemic levels, and the economy contracted just ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... March (-146,000) estimates combined to show that employment was 78,000 less than previously reported. Likewise, the unemployment rate ticked up to 6.1% in April from 6.0% in the previous month. Fortunately for US Treasury Secretary Janet Yellen, she ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... rate since World War II - this year from the February 2021 estimate of 5.0%. Likewise, the BOE now forecasts the unemployment rate to peak at 5.5% later this year - as significant drop from the 7.75% it predicted three months earlier. The BOE believes ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... subdued and are expected to remain so for some years. The economy is operating with considerable 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 ...

Women participation rate booms

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... reached a record high of 61.8%, the latest employment statistics show. Citing new Australian Bureau of Statistics unemployment figures, Senator Jane Hume said Australia has achieved the highest female participation rate in the workforce ever at 61.8% ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
... circle of virtue is gaining momentum. Here are the key stats of the seasonally adjusted estimates for March 2021: Unemployment rate decreased to 5.6% - the lowest level since March 2020 - from 5.8% in February Participation rate increased to 66.3% - ...