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Showing 231 - 240 of 964 results for "Unemployment rate"

Chief economist update: Lock in two RBA rate cuts

BENJAMIN ONG  |  FRIDAY, 26 APR 2019
... cut) were: headline at 1%; trimmed mean at 1.7% and weighted median at 1.3%. The one caveat though was that the unemployment rate was around 5.7%, it's now at 5%, although wages growth have only picked up from 2.1% (then) to 2.3% (Dec 2018 quarter ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG  |  TUESDAY, 9 APR 2019
... unemployment ranged from 4-4.6% and had a median value of 4.3%." The latest US non-farm payrolls report put the unemployment rate at 3.8% in March - the 19th straight month that the jobless rate had been below the "median value of 4.3%". The outlook ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... the Treasury's optimistic outlook on wages does not compute with its labour market forecasts whereby the unemployment rate flattens at 5.0% over the next three years and employment growth weakens from an annual growth of 2.0% this year to 1.75% in ...

Australia back in the black

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... 23/4 per cent in 2019-20 and 2020-21, it said. The Government expects employment growth to stay solid. "The unemployment rate has declined to 4.9%. Youth labour market outcomes have also improved recently," Budget documents read. "As spare capacity in ...

Chief economist update: No credit to the RBA

BENJAMIN ONG  |  MONDAY, 1 APR 2019
... remains muted -- unchanged at 2.3% in the year to the December quarter -- and this, despite the country's unemployment rate dropping to an eight-year low of 4.9% in February. Other household indicators show a similar trend. Household disposable income ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... interest rate cut this year after the Australian Bureau of Statistics' (ABS) good news on the country's unemployment rate - it dropped to an eight-year low of 4.9% in February from 5% in the previous month and 5.5% in the same month last year. ...

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
... 1.8% (from 1.9%) this year and to 2% (from 2.1%) in 2020. The Fed revised higher its median forecasts for the unemployment rate to 3.7% (from 3.5%) in 2019 and 3.8% (from 3.6%) next year. This is not to say that the Fed is wrong in deciding what it decided ...

Chief economist update: Breaking up is hard to do

BENJAMIN ONG  |  THURSDAY, 14 MAR 2019
... except for the US. The FTSE-100 index even reached an all-time high in May 2018. Likewise, the country's unemployment rate has remained at 4.0% -- the lowest level since the 1970s - and inflation that shot up due to the depreciation of the pound ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
... strong. Monthly job gains averaged 223,000 in 2018, and payrolls increased an additional 304,000 in January. The unemployment rate stood at 4% in January, a very low level by historical standards, and job openings remain abundant. "Core PCE inflation ...

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
... will view their incomes as more permanent and therefore, would spend more. And even better than better, the unemployment rate remained at 5% despite increased participation rate to 65.7% in January from 65.6% in the previous month (an indication of workers' ...