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Showing 211 - 220 of 825 results for "Labour Market"

Financial comfort reliant on fiscal support: ME Bank

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... financial emergency increased 9% to a record 5.25 and cash savings up 8% to 5.48. "Fear of COVID-19 and a very weak labour market triggered many households to increase precautionary savings, reduce spending, draw on long-term savings, such as superannuation ...

Financial services jobs show signs of recovery

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... reintroduction of restrictions in Victoria and the risk of renewed restrictions elsewhere means the recovery in the labour market remains fragile," Parker said. "Opportunities for both permanent and contingent employment still remain well below pre-COVID ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... to be hanging over many households, he said. "The relaxation of containment measures can be seen in this month's labour market report. Broadly these trends should continue in the months ahead, albeit with state level differences given the level three ...

Chief economist update: Stop right now, thank you very much

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
... is fighting back." Prime Minister Scott Morrison's declaration referring to the bounce back in the Australian labour market wouldn't have rung hollow had it not been for the second wave in Victoria - the country's second largest state that ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... necessary. More recently, the chancellor of the Exchequer, Rishi Sunak, announced a package of measures to support the labour market. "A Plan for Jobs" contained three basic initiatives: Supporting jobs. "UK Employers will receive a one-off bonus of ...

Chief economist update: US labour market turns V-shaped

BENJAMIN ONG  |  TUESDAY, 9 JUN 2020
... and by extension, demand for workers. It's still early days. The hope is for continued improvement in the US labour market. The risk is that the current civil unrest, and the danger that it poses with regards to spreading the coronavirus, could force ...

Sentiment weakens as macro threats loom

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... and Q3, before a sharp fall in Q4. "This suggests renewed downside risk to Q4 consumer spending if the economy and labour market has not 'snapped back' strongly enough by then." And in a country with highly leveraged household debt - these payments ...

Multi-boutique warns of fourth quarter reckoning

ALLY SELBY  |  MONDAY, 18 MAY 2020
... will unfortunately not stop there, she warned. "Bankruptcies create negative feedback loops, particularly for the labour market. A second wave of job losses is perhaps in the cards," Shah said. Although markets may be able to look through dismal Q2 figures ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... The Morrison government's JobKeeper scheme has, no doubt, limited the nightmare scenario for the Australian labour market. This, together with the JobSeeker payments, should keep Australian household incomes afloat and therefore, mitigate a much ...

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
... The lead from the ANZ job ads series - released a day before the RBA meeting - also supports its dim view of the labour market. Job ads in newspapers and on the web plummeted by 53.1% over the month of April and by 62.2% from a year earlier. The labour ...