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Showing 211 - 220 of 964 results for "Unemployment Rate"

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
Aside for bragging rights, I can't understand why the current Australian government remains hell-bent on achieving that promised "Budget surplus". The current sitting Treasurer Josh Frydenberg looks set to deliver on the "promise" that has eluded ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... over the same interval." We're getting the same excuses and rationalisations on why the US economy - low unemployment rate; strong consumer optimism and spending; still expanding ISM indices, among others. They were strong too at the time of the ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... recession from the December quarter of 2007 to the June quarter of 2009. But perhaps, this time is different. The US unemployment rate is at near 49-year lows at 3.7% (July)... but it was also clocking multi-decade lows (4.4% December 2006) before the ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... in July - due to expansions in both full-time (up 34,500) and part-time (up 6,700) jobs over the month. The unemployment rate remained unchanged at 5.2%. But this was due to the higher participation rate - 66.1% in July from 66.0% in June - itself a ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... 1933 and its exports plunged 61%. Ouch! We all know what happened thereafter -- the depression deepened. The US unemployment rate jumped from 7.8% in 1930 to 25.1% three years later. More worrying at this point in time is the fact that central bank policy ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... the central bank announced its first rate cut since August 2016 - governor Philip Lowe declared 4.5% is the unemployment rate at which wages start to lift and feed into inflation. Latest data show Australia's unemployment rate at 5.2% in May; headline ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... US non-farm payrolls report for June - up a bigger-than-expected 224,000 from 72,000 in May. Meanwhile, the unemployment rate ticked up to 3.7% from 3.6% in May, remains near 49-year lows and was due to the increase in the participation rate, itself ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... affecting New Zealand through a range of trade, financial, and confidence channels." While New Zealand's unemployment rate has fallen from 4.3% in the December 2018 quarter to 4.2% in the March 2019 quarter - close to the 10-year low of 4% recorded ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... addition in in the previous month and more than double market expectations for a 20,000 gain. In addition, the unemployment rate steadied at 5.2% despite the increase in the participation rate from 65.9% to 66.0% in May. But at the risk of being branded ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... period, accelerating the annual rate of expansion to 1.8% from 1.4% in the year to the December 2018 quarter. The unemployment rate dropped to a 45-year low of 3.8% in the first quarter of this year from 3.9% so much so that despite the recent deceleration ...