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Showing 221 - 230 of 968 results for "Unemployment rate"

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 ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
Inflation is dead! Bond markets celebrate! News headlines have picked up on the fall and fall in the yield offered by 10-year US Treasuries. The yield closed at 2.24% overnight, down from 2.26% the day before - the lowest since September 2017. But the ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... sit it out. After all, one-half of its dual mandate is not only half-full it's boiling over. America's unemployment rate was clocked at 3.6% in April - this is the lowest rate of joblessness in nearly five decades (December 1969) - stoking consumer ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
... that meeting, we discussed a scenario in which there was no further improvement in the labour market and the unemployment rate remained around the 5% mark. In this scenario, we judged that inflation was likely to remain low relative to the target and ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... rational financial market reactions to the latest labour market stats. The seasonally adjusted series shows the unemployment rate increased to 5.2% in April from 5.1% in the previous month; the under-employment rate rose to 8.5% from 8.2%, and the under-utilisation ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... indicated at its May board meeting, the Australian central bank's bias is tilted towards the relatively low unemployment rate than below-target inflation as its forward guidance suggests, "the Board will be paying close attention to developments ...

Chief economist update: Same challenges, differing reactions

BENJAMIN ONG  |  THURSDAY, 9 MAY 2019
... Zealand's economy. Just like Australia, New Zealand's labour market remains strong. The country's unemployment rate has trended lower since the 6.7% high recorded in the third quarter of 2012 to a near 10-year low of 4.2% in the March 2019 ...