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Showing 341 - 350 of 826 results for "Labour Market"

OECD tells RBA to take a hike

BENJAMIN ONG  |  WEDNESDAY, 29 NOV 2017
... mining sectors will pick up, with exports boosted as new resource-sector capacity comes on stream. The strengthening labour market and household incomes will sustain private consumption, and inflation and wages will pick up gradually." This is how the ...

Where in the cycle is Australia?

BENJAMIN ONG  |  FRIDAY, 17 NOV 2017
... risk! But sluggish growth in wages also has an upside - Australian businesses are hiring more workers. The latest labour market shows that another 3700 Aussies got jobs in October. Sure, this was significantly less than market expectations for a 17,500 ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... outnumbering pessimists for 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 ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
... stabilize around 2 percent over the next couple 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 ...

Two holds and a raise

BENJAMIN ONG  |  TUESDAY, 31 OCT 2017
... interesting is the BOE's 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 ...

Surefire Melbourne Cup bet

BENJAMIN ONG  |  MONDAY, 30 OCT 2017
... he told the audience that, "our assessment is that there still remains a sizeable degree of spare capacity in the labour market". Well, of course, it depends on one's measure of NAIRU (non-accelerating inflation rate of unemployment). Debelle says the ...

ECB schedules taper

BENJAMIN ONG  |  FRIDAY, 27 OCT 2017
... important, and unlike many of its peers, growth in wages and salaries in the region is reacting to the improvement in the labour market. Wages and salaries grew by 3.7% in the year to the second quarter - the fastest since the September 2008 quarter ...

Jobs galore

BENJAMIN ONG  |  FRIDAY, 20 OCT 2017
... since the global financial crisis in 2008." The $64 million dollar question is whether the tightening Australian labour market translates into a pick-up in wages growth - recorded at a record low 1.9% in the June quarter. It may well do but my best guess ...

Beige Book report delivers known knowns

BENJAMIN ONG  |  THURSDAY, 19 OCT 2017
... the same old song (at least since the start of this year) - that of moderate to modest growth, a tight/tightening labour market but modest growth in wages and inflation. To quote former US Defence Secretary Donald Henry Rumsfeld, "these are known knowns." ...

Job openings in America

BENJAMIN ONG  |  FRIDAY, 13 OCT 2017
... payrolls report but the US JOLTS (job openings and labor turnover summary) a handy check on the state of the US labour market. The Bureau of Labor Statistics'(BLS) latest update showed little change in August from July: job openings remained at a robust ...