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Showing 301 - 310 of 964 results for "Unemployment Rate"

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... should. Growth is faster - GDP increased by 2.5% in the year to December 2017 quarter versus 1.8% in 2016 - the unemployment rate is down to 4.1% at the end of 2017 from 4.8% at the beginning; the US dollar is cheaper; and then there's the tax cuts which ...

Chief economist update: Build, build, and build some more

BENJAMIN ONG  |  TUESDAY, 30 JAN 2018
... jobs through these projects during Duterte's term, which runs until 2022." This is sure to bring the country's unemployment rate lower still. The unemployment rate dropped sharply to 5.0% in the December 2017 quarter from 5.6% in the third quarter, marking ...

Chief economist update: The good news and the good news

BENJAMIN ONG  |  FRIDAY, 19 JAN 2018
... 63,600 added in November - itself, more than triple market expectations for an 18,000 increase. For sure, the unemployment rate edged up to a higher-than-expected 5.5% last month from 5.4% in November but this is also a positive indication for the labour ...

Chief economist update: Consumers don't spend on confidence alone

BENJAMIN ONG  |  THURSDAY, 18 JAN 2018
... "the most positive start to a calendar year since 2010" is instructive... and cautionary. Just like today, the unemployment rate was heading lower -5.3% in January 2010 to 4.9% by the end of the year - and GDP growth has sped up from 2.1% to 2.8%. These ...

Chief economist update: iPhone and Black Friday sales ring up retail registers

BENJAMIN ONG  |  FRIDAY, 12 JAN 2018
... This is also consistent with other domestic indicators. While the Australian labour market is improving - the unemployment rate is at its lowest level since February 2013 (5.4%) - wage growth remains sluggish. The wage price index grew by 2.0% in the ...

Chief economist update: A prelude to taper?

BENJAMIN ONG  |  WEDNESDAY, 10 JAN 2018
... underpinnings through the government's past stimulus measures." Japan's labour market stats indicate it would. Japan's unemployment rate fell to a 24-year low of 2.7% in November with the jobs-to-applicants ratio rising to a 44-year high of 1.56 in the ...

Getting better and betterer

BENJAMIN ONG  |  TUESDAY, 9 JAN 2018
... less than expected 148,000 in December, this followed a very strong 252,000 gain in the previous month with the unemployment rate holding steady at a 17-year low of 4.1%. Even better, the latest jobs report contained indication that wages are starting ...

Pre-Christmas delivery

BENJAMIN ONG  |  THURSDAY, 21 DEC 2017
... again, US real GDP growth had been running above this rate since the December quarter of last year (and the unemployment rate below the CBO's 4.7% estimate of the natural rate of unemployment since March this year) - but inflation remains low. The PCE ...

Ho ho hum MYEFO

BENJAMIN ONG  |  TUESDAY, 19 DEC 2017
... could argue with the MYEFO's predictions for GDP growth of 2.25% in FY2017-18 and 3.0% in FY2018-19; or the unemployment rate of 5.5% this fiscal year and 5.25% the next. But (but of course there's a but), the government's MYEFO forecasts for wages growth ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... 19,200 gain. Even better, both full-time and part time jobs went up by 41,900 and 19,700, respectively. The unemployment rate remained unchanged at 5.4% in November but this was due to a sharp 0.3 point increase to 65.5% in the participation rate - indicating ...