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Showing 311 - 320 of 968 results for "Unemployment rate"

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 ...

Three is the magic number

BENJAMIN ONG  |  THURSDAY, 14 DEC 2017
... and Minneapolis (Kashkari) even voted against a rate hike this month. This because although GDP growth and the unemployment rate turned out better than predicted in the Fed's summary of economic projections in December 2016, inflation hasn't. Latest ...

Down, down business conditions are down

BENJAMIN ONG  |  WEDNESDAY, 13 DEC 2017
... 2017; retail spending was growing at annual rate of 7.7% compared with 1.5% in the year to September 2017; the unemployment rate was at 4.25% compared with 5.5% currently. Consumer confidence (reported later on the same day last month) fell to reading ...

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
... pick up and more than made up for the hurricane-affected miniscule 38K rise in September. More than this, the unemployment rate remained at 4.1% -- the lowest jobless rate since December 2000 (3.9%) - which by any measure of NAIRU (non-accelerating inflation ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
... February last year and below the 3% - 3.5% annual growth rates recorded before the GFC. This, despite the US unemployment rate dropping to a 17-year low of 4.1% in October and had been at or below the pre-GFC low of 4.4% for seven months running.

Powell power

BENJAMIN ONG  |  THURSDAY, 30 NOV 2017
... since then growth has sequentially accelerated to reach 2.3% in the year to the September 2017 quarter. The unemployment rate is down to a 17-year low of 4.1% in September from 6.7% in February 2014 and the 26-year high of 9.9% recorded in October 2009. ...

OECD tells RBA to take a hike

BENJAMIN ONG  |  WEDNESDAY, 29 NOV 2017
... 2.5% in 2017, 2.8% in 2018 and 2.7% in 2019; core inflation at 1.7% in 2017, 2.1% in 2018 and 2.2% in 2019; unemployment rate at 5.6% in 2017, 5.4% in 2018 and 5.3% in 2019. This compares with the RBA's forecasts written in its November 2017 'Statement ...