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Showing 321 - 330 of 964 results for "Unemployment rate"

Taxing times

BENJAMIN ONG  |  MONDAY, 13 NOV 2017
... third quarter from 3.1% in the June quarter which is the fastest growth rate since the March 2015 quarter. The unemployment rate dipped to a 17-year low of 4.1% in October from 4.2% in the previous month and 4.8% at the start of the year. Forward indicators ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... the first time in 11 months in October (up 101.4 from 97.9 in September) and the improving labour market (the unemployment rate dropped to 5.5% in September from 5.6% in the previous month). The erosion of household finances leaves consumers no other ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
... of years, in line with our longer-run objective." Indeed, the US labour market continues to strengthen. The unemployment rate dropped to a 16-year low of 4.2% in September. More telling, Yellen's measure of labour market slack, the U-6 unemployment rate ...

Two holds and a raise

BENJAMIN ONG  |  TUESDAY, 31 OCT 2017
... forward guidance on the future path of interest rates after this one (if it comes). A solid labour market - the unemployment rate was at a 42-year low of 4.3% in the three months to August - and above target inflation - headline CPI at 3% in September ...

Surefire Melbourne Cup bet

BENJAMIN ONG  |  MONDAY, 30 OCT 2017
... current estimate of NAIRU is 5% with a 70% confidence interval that it's between 4% and 6%. With the latest unemployment rate tagged at 5.5% and wages still aren't ascending, you can bet with a 70% certainty that it's not 6%. The acceleration in the ...

Jobs galore

BENJAMIN ONG  |  FRIDAY, 20 OCT 2017
... employment is not only open but it's getting wider. The trend is our friend. This per the ABS: "The monthly trend unemployment rate has decreased by 0.2% over the past year to 5.5% in September 2017...This is the lowest rate seen since March 2013 and ...

Go ahead BOE, make my day

BENJAMIN ONG  |  WEDNESDAY, 18 OCT 2017
... monetary policy council next meets. Its twin mandate - full employment and stable inflation - dictates so. The UK's unemployment rate dropped to a 42-year low of 4.2% in the three months to July but inflation - both headline and core - remained above ...

No more slack?

BENJAMIN ONG  |  MONDAY, 9 OCT 2017
... estimate of total nonfarm payroll employment for September." But "There was no discernible effect on the national unemployment rate." The unemployment rate dropped to 4.2% - the lowest level since February 2001 - from 4.4% in August despite increased ...

The British pound's sterling reversal

BENJAMIN ONG  |  MONDAY, 18 SEP 2017
... support consumption growth further out." At an annual pace of about 2% over the past few months, despite the unemployment rate dropping to a 42-year low (May 1975) of 4.3% in the three months to July - yes, a let up in escalating consumer prices could ...

Divergent business confidence

BENJAMIN ONG  |  WEDNESDAY, 13 SEP 2017
... annual job creation rate of about 270,000 (or 22,000 per month) in coming months, which is sufficient to see the unemployment rate push lower (all else unchanged)..." Forward orders increased from three to four last month driven by a large increase in ...