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

Search Results

Showing 271 - 280 of 968 results for "Unemployment rate"

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 ...

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 ...