Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 964 results for "Unemployment rate"

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
... thereafter, feeding through into higher growth in domestic costs than has been seen over recent years." True that. The unemployment rate in the UK had remained at 42-year low since the start of 2018 up to May (the latest available). Even better this ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... that has growth an annualised rate of 4.1% in the second quarter - the fastest pace in four years - with an unemployment rate of 4% - near 18-year lows and inflation that's inches away from target - core PCE price inflation was at 1.9% in June. The ...

Chief economist update: A pretty picture of the labour market

BENJAMIN ONG  |  FRIDAY, 20 JUL 2018
... Part-time employment gained another 9700 positions in June after the 33,400 added in the previous month. Sure, the unemployment rate didn't go lower - steady at 5.4% - but this was mainly due to the increase in the participation rate from 65.5% in ...

Chief economist update: Fed funds at five point O

BENJAMIN ONG  |  TUESDAY, 10 JUL 2018
... increased by a significantly more than expected 213,000 in June after growing by 244,000 in the previous month. The unemployment rate did tick up to 4% from the 18-year low of 3.8% in May but this was due to the increase in the participation rate to ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... its exports plunged 61%. Ouch! We all know what happened thereafter - the 1930s depression deepened. The US unemployment rate jumped from 7.8% in 1930 to 25.1% three years later. It took more than a decade for the Smoot-Hawley Tariff Act to be repealed ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... growth was revised higher to 2.8% (from 2.7% predicted in the March quarter) and unchanged at 2.4% in 2019, the unemployment rate was lowered to 3.6% for 2018 and 3.5% for 2019(from 3.8 and 3.6%) and inflation, as measured by the core PCE price index ...

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
... growth averaged 2.6% in 2014, the weighted median inflation measure and wages growth both averaged 2.6%. The unemployment rate though was running at around 6%. 'Twas the same when the RBA held interest rates unchanged at 2% between May 2015 and April ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
... decline since the third quarter of 2015. Still, as Carney reasoned, the country's robust labour market - the unemployment rate remained at a 42-year low of 4.2% in the three months to March - and the lead from the CIPS Survey where both the manufacturing ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... activity had been rising at a moderate rate. Job gains had been strong, on average, in recent months, and the unemployment rate had stayed low." True that. The US unemployment rate was clocked at 3.9% in April. This is the lowest jobless rate since an ...

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
... of the jobs created (24.4K) in the month of March. How good is that! Not so fast. The bears have it too. The unemployment rate - the stat the RBA looks at - rose from 5.5% in March to 5.6% in April (the highest rate of joblessness since July last year) ...