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Showing 301 - 310 of 826 results for "Labour market"

Chief economist update: Fed funds at five point O

BENJAMIN ONG  |  TUESDAY, 10 JUL 2018
... in the last boom years before the global financial crisis.... and recall ex-Fed Chair Yellen's focus on the labour market under-utilisation in years gone by, the U-6 unemployment rate - which the Bureau of Labor Statistics (BLS) define as: "Total ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
... trade concerns, emerging market concerns and higher than expected US inflation in the near term (because of tight labour market) that could prompt a more aggressive Fed - and indeed, it looks safer further out the curve. Ben Ong is the Director of Economics ...

Chief economist update: Steady at 24 and counting

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2018
... for household consumption. Household income has been growing slowly and debt levels are high. "The outlook for the labour market remains positive. Strong growth in employment has been accompanied by a significant rise in labour force participation. The ...

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
... deterioration in household spending in the March quarter, especially considering the continued solid and robust state of the labour market. The explanation lies in what CNBC claims remained unexplained to this day. The heading of CNBC's piece published ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... prices and a weaker sterling exchange rate. Most indicators of pay growth have picked up over the past year and the labour market remains tight, suggesting that domestic cost pressures will continue to firm gradually, as expected." But therein lies the ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
Given the US equity market's reaction to the latest US Federal Reserve missive, one would think that Wall Street is against strong(er) growth. All major benchmark indices - DJIA, S&P 500, Nasdaq and Russell 2000 - closed lower after the Fed announced ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
... due to adverse weather in February and March and that underlying growth is much more resilient, citing the strong labour market and that while Brexit uncertainty continues as a drag on growth, it's not intensifying. However, the details of the UK ...

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
It's good and...it's bad. The statistician's estimates of the Australian labour market for April provide something to crow about for the optimists and the pessimists alike. As the bulls would have it (that includes the Coalition government ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
... in part, to recent low food and import price inflation, and subdued wage pressures." Certainly, New Zealand's labour market is "robust". The unemployment rate continued to fell for the fifth straight quarter to 4.4% in the March 2018 quarter - the ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... adverse weather in February and March and that UK's underlying growth is much more resilient, citing the strong labour market and that while Brexit uncertainty continues as a drag on growth, it is not intensifying. This has allowed the British central ...