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Showing 211 - 220 of 1722 results for "Unemployment"

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... December 2020, the current reading is the best in eight years and is above its long-term average of 101.3 points as "unemployment expectations" dropped by 3.8% over the month and by 15.0% from a year ago to 114.5 points in February - below its long term ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
... measures - no matter how inflation is measured - remain below the Fed's 2.0% inflation target. In addition, the US unemployment rate which stood at 6.3% as at January 2021 remains far above the 50-year low 3.5% before covid-19, not enough to put ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... the labour market has improved as a result of the better starting point and growth outlook. It now appears that the unemployment rate has already peaked. Although the end of the JobKeeper program in March creates some uncertainty for the near term, over ...

Chief economist update: Patience is the word

BENJAMIN ONG  |  THURSDAY, 18 FEB 2021
... achieving this goal would take some time," said the US Federal Reserve in it's most recent minutes. While the US unemployment rate has fallen from the record high 14.8% recorded in April 2020 to 6.3% by January this year, it's still way above ...

SG rise a bad idea: Chartered Accountants

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... "Since the last election, there has been a global pandemic, the first Australian recession in 29 years, our highest unemployment in 20 years, record stagnancy in wage growth, and the world falling apart at the seams," CA ANZ superannuation leader Tony ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... to end on March 28. The "shampoo-ers" argue that withdrawing JobKeeper "prematurely" would cause the country's unemployment to spike. Australian Federal Treasurer Josh Frydenberg has already ruled out the possibility of extending the government's ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... notably through widespread bankruptcies and job losses. This would also hurt the financial sector, increase long-term unemployment and worsen inequalities."

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... December 2020, the current reading is the best in eight years and is above its long-term average of 101.3 points as "unemployment expectations" dropped by 3.8% over the month and by 15.0% from a year ago to 114.5 points in February - below its long term ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... US economy remains around 10 million jobs short of the peak recorded in February last year. Similarly, while the unemployment rate dropped to 6.3% in January 2021 from 6.7% in the previous month and below expectations for it to remain at 6.7%, it's ...

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
... which is close to zero over the forecast period (Table 1.A)." Table 1.A shows the BOE's growth, inflation and unemployment rate projections assumed the Bank Rate at minus 0.1% by the first quarter of 2022 and up to the first quarter of the following ...