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Showing 201 - 210 of 964 results for "Unemployment rate"

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... year to the September quarter; trimmed mean steadied at 1.6%; weighted median decelerated to 1.2%. Although the unemployment rate eased to 5.2% in September from 5.3% in the previous month, it has a long way to go to reach the 4.5%, the level which the ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... economy adding 128,000 jobs in October, way more than consensus expectations for just an 89,000 gain and the unemployment rate remained near September's 50-year low of 3.5% in September to 3.6% last month. These positive reports came just two days ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... good... if the economy operates in a vacuum. But it doesn't. Apart from inflation still below-target and the unemployment rate too, the experience of the past 24 hours proves this. The turn in RBA rate cut expectations, along with the Fed's overnight ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... words, full-timers will view their incomes as more permanent and therefore, would spend more. Likewise, the unemployment rate has declined to 5.2% from 5.3% in August (although this is partly a function of the fall in the participation rate from 66.2% ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... trend growth" next year. Lowe said the expected return to trend growth over the next year will help get the unemployment rate down and gradually lift wages. "I don't think it's the right assumption to make that we're going to have a lot more work ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... and the Fed (1.4% - PCE price index). The weaker sterling exchange rate has helped. So too has the record low unemployment rate - 3.8% in the three months to July (lowest since 1974) - which is driving wages growth higher. UK total earnings including ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... three times market expectations for a 10,000 gain and an equally strong 36,400 added in the previous month. The unemployment rate ticked up to 5.3% from 5.2% in July but this could be discounted as due to the increase in the participation rate from 66.1% ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... higher to 2.2% (from 2.1% in the June projections), the Fed still sees the economy growing at 2.0% in 2020. The unemployment rate is predicted to be at 3.7% (from 3.6% forecast in June) this year and the next. PCE price inflation forecasts were untouched ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... but not when wages remain stagnant (unchanged at 2.3% in the year to the June 2019 quarter from March) and the unemployment rate still below the RBA's new NAIRU (non-accelerating inflation rate of unemployment) of 4.5% -- the unemployment rate's ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... -- but it's the UK economy that's still responding to the dictates of Economics 101. The UK's low unemployment rate - 3.9% in June - is lifting wages. Average weekly earnings (excluding bonuses) grew by 3.9% in the year to June. This is the ...