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Showing 281 - 290 of 838 results for "labour market"

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
... Roll out the barrels... the barrels of fun! The Australian Bureau of Statistics' (ABS) latest tracking of the labour market shows that we've got jobs and they're multiplying. Total employment grew by a greater-than-expected 21,600 in the ...

Chief economist update: US consumer sentiment cops bullet

BENJAMIN ONG  |  MONDAY, 21 JAN 2019
... nearly 70% of America's GDP (versus exports' about 12% contribution). Sure, the continued strength in the US labour market and the boost to personal income (due to the tax cuts) should provide US consumers the wherewithal to keep on shopping. ...

Chief economist update: Australian property market slump

BENJAMIN ONG  |  FRIDAY, 18 JAN 2019
... collateral. This put at risk the optimism over Australia's economic growth and continued improvement in the labour market. And we haven't have had the full impact of the likely further crunch in home lending from the Royal Banking Commission ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... these cities, and is expected to continue to do so for some time yet." Add to this the improvement in the Australian labour market and... we'll be right mate! But wait! This smacks of the same optimism ex-Fed chairman Ben Bernanke blurted out about ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
... from 2.9% in the previous quarter and the fastest growth rate since the September quarter of 2009 (3.2%). The US labour market remains solid, punctuated by the surprisingly stronger-than-expected 312K jump in non-farm payrolls in December (versus consensus ...

Hiring continues but wage growth under pressure

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... employment and average monthly hours that are above 20-year averages, which is a good sign for the health of the labour market." Despite the positive story in these figures, Pearson noted that "the trend underemployment rate, which measures those people ...

Chief economist update: Another year over, a new one begins

BENJAMIN ONG  |  MONDAY, 7 JAN 2019
... versus consensus predictions for a 180,000 gain). While this appears to be an aberration, the fact remains the US labour market remains solid (and this, despite the recent government shutdown). Still, America's economy can't continue to grow ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
... points to 2.25%-2.5% at the conclusion of its 18-19 December FOMC meeting. This is due to its optimism over the US labour market and overall economic activity. That's fine and dandy, for not delivering on market expectations for a rate rise this ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
... uncertain due to Brexit. The indications from the domestic economy haven't changed much from the last meeting. The labour market is improving - the unemployment rate is at 5% - but inflation has softened (headline down to 1.9% in the September quarter ...

Chief economist update: Is TLTRO III coming?

BENJAMIN ONG  |  TUESDAY, 27 NOV 2018
... scenario of an ongoing broad-based economic expansion, supported by domestic demand and continued improvements in the labour market. Some recent sector-specific developments were having an impact on the near-term growth profile. There was evidence that ...