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Showing 261 - 270 of 964 results for "Unemployment rate"

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... September. This provides a positive lead to Friday night's non-farm payrolls report for September where the unemployment rate is expected to remain at 3.9% (just a tick above the 18-year of 3.8% recorded in May). These reports provided a timely backdrop ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... The RBNZ predicts GDP growth of 2.7% this year and 2.6% in 2019 before accelerating to 3.4% in 2020. While the unemployment rate remains low, the tick up to 4.5% in the June quarter from the nine-month low of 4.4% in the previous quarter ended five straight ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
... activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spending and business fixed investment have grown strongly. On a 12-month basis, both overall inflation ...

Chief economist update: Confidence down, conditions up

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
... historical patterns) is consistent with jobs growth of around 23,000 per month. This is consistent with a declining unemployment rate over the latter part of 2018." Stocks (inventories) increased four points to a reading of +6 and the jumped in forward ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... its neighbours. But first the stats. US non-farm payrolls increased by 201,000 in the month of August with the unemployment rate unchanged at 3.9% - just a tick above the 18-year low recorded in May this year. Although the strength of employment in August ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
... labour market stats since then indicate that it doesn't have to wait until 2019 for that slack to close. The unemployment rate has dropped further from a 42-year low of 4.2% to a 43-year low of 4% in the three months to June. The decline in the jobless ...

Chief economist update: Don't mind the gap

BENJAMIN ONG  |  FRIDAY, 17 AUG 2018
... spending (permanent income hypothesis). Even better, the latest labour market report shows that Australia's unemployment rate settled at 5.3% in July. A small 0.1% tick down from the previous month it may be but it's the lowest level in almost ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... The RBNZ predicts GDP growth of 2.7% this year and 2.6% in 2019 before accelerating to 3.4% in 2020. While the unemployment rate remains low, the tick up to 4.5% in the June quarter from the nine-month low of 4.4% in the previous quarter ended five straight ...

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
... sleep with his nth reiteration of "...we see reasonable prospects that the economy will record good growth, the unemployment rate will come down gradually and that inflation will increase over time... The timing of any future change in interest rates ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... certainty." Then again, the US and UK labour markets are operating at or close to full capacity with 3.9% and 4% unemployment rate, respectively. Australia's still trying to get there and a premature rate hike could unravel the economy's slow ...