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Showing 191 - 200 of 838 results for "labour market"

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 ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... latest projections - from 3.5% it predicted in its February statement. This stronger economic growth would boost the labour market with the RBA now expecting the jobless rate "to be around 5 per cent at the end of this year and around 41/2 per cent at ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 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: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
... Substantial job gains in February and March boosted employment. However, new lockdowns will pose another setback and the labour market remains difficult for many Canadians, especially low-wage workers, young people and women. As vaccines roll out and ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
... JobKeeper on 28 March. "The April Labour Force release, along with weekly payroll jobs data, will show the state of the labour market after the end of JobKeeper." Perhaps the 'Labour Force, Australia' report for April will show some weakening ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
... Australian Bureau of Statistics' (ABS) latest report on job vacancies provide a good forward view of the domestic labour market. According to the ABS, "job vacancies were 27 per cent higher than 12 months earlier in February 2020, just before the ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... materially higher than it is currently. This will require significant gains in employment and a return to a tight labour market. The Board does not expect these conditions to be met until 2024 at the earliest." This is RBA governor Philip Lowe's ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... improved, from 90.9 last month to 109.6 in March" (Conference Board). Consumers' assessment of current and future labour market conditions also improved that, itself, was confirmed a few days later by the greater than expected increase in US non-farm ...