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Showing 251 - 260 of 838 results for "labour market"

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... negotiations. Not holding my breath given historical precedence of talk breakdowns but hoping for the best. The US labour market remains robust with the economy adding 128,000 jobs in October, way more than consensus expectations for just an 89,000 gain ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... statement are logical and valid. However, the jury's still out with regards to the latest update on Australia's labour market. The seasonally adjusted headline numbers were good, there's no question about that. Total employment increased ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... - portend not good tidings and explain the recent weakness in consumer confidence and retail spending. Given the labour market slack - the RBA thinks the unemployment rate could drop to around 4.5% without putting pressure on inflation - forget about ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... assured progress towards the inflation target. The Board will continue to monitor developments, including in the labour market, and ease monetary policy further if needed to support sustainable growth in the economy and the achievement of the inflation ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... 2.3% in the June quarter, unchanged from the first quarter - confirms the RBA's view that slack remains in the labour market and one that suggests that consumption would remain the primary risk for the domestic economy. But hey, I would take 94.8% ...

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
... services are weakening due to the global growth slowdown resulting from the on-going US-China trade war. While current labour market stats indicate continued strong employment growth, consumers would not want to borrow for fear of losing their jobs amid ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... of 134.4 - taking it above its long-run average of 130. This suggests respondents anticipate deterioration in the labour market and is in line with the drop in business confidence indicated by the NAB Business Survey. This is consistent with their view ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... near 49-year lows and was due to the increase in the participation rate, itself a positive indication of the US labour market. Sure, it was great news for the US economy but... it also eased growing expectations the Fed would cut interest rates by 50 ...

Chief economist update: The turn in Australia's cycle from vicious to virtuous

BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
... series in the year to May (from 5.6% in April). Both reports point to continued weakness/weakening in Australia's labour market and by extension, lesser impetus for domestic consumers - them that make up around 60% of the economy -- to go forth and ...

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
... end of RBA rate cuts, Lowe's statement promised that: "The board will continue to monitor developments in the labour market closely and adjust monetary policy IF needed to support sustainable growth in the economy and the achievement of the inflation ...