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Showing 251 - 260 of 1722 results for "Unemployment"

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
... 11.2% over the month and by 4.5% in the year to September. This is backed by the sharp decline 14.8% drop in the "unemployment expectations index" (i.e. consumers expect a decline in unemployment). Whether or not consumer and business confidence continues ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
... transportation and warehousing (78,000), financial services (36,000) and manufacturing (29,000). Even better, the US unemployment had dropped back to single-digits, down to 8.4% in August from 10.2 in the previous month and the fourth consecutive month ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... forever." Pearson said in the coming months, many households may face hits to incomes and wealth, and elevated levels of unemployment. "And many businesses will be cautious about investing in their future while there is excess capacity and the need to ...

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... the impact of the economic shock caused by COVID-19 has disproportionately affected women, through higher rates of unemployment and income loss, increased domestic demands, and the Superannuation Early Access Scheme," the paper said. "As the nation's ...

APRA reviews priorities in super

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... result of "elevated risk" in deteriorating claims experience and the tightening of assumptions, together with rising unemployment and mental health issues that may push up claims. Furthermore, APRA said it will assess the impact of the evolving external ...

Chief economist update: Fed heads for the mountain

BENJAMIN ONG  |  FRIDAY, 28 AUG 2020
... Hole, US Federal Reserve chair virtually buried the Philips Curve - the inverse correlation between inflation and the unemployment rate - by announcing that henceforth, the Fed is switching from a point target of 2% inflation to achieving "achieve inflation ...

ASIC grants frozen fund relief

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
... hardship on a case-by-case basis. Investors must meet at least one hardship criteria, such as severe financial hardship, unemployment for more than three months or permanent incapacity. If eligible, they will then be able to withdraw up to $100,000 of ...

COVID-19 may delay retirement: WTW

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... COVID-related factors beyond the Early Release of Super (ERS) scheme to include investment returns, switching behaviour and unemployment. The projections illustrated that the events of 2020 will have a negative impact on the retirement outcomes for large ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... with high loan-to-valuation ratios," the RBA said. "In fact, most of this debt is held by households whose risk of unemployment is relatively low, while households that are most at risk of experiencing very large changes in asset values (relative to ...

Pandemic heightened need for SG increase: ASFA

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... and/or lower Age Pension benefits is not an appropriate prescription for boosting economic activity and lowering unemployment."