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Showing 361 - 370 of 826 results for "Labour Market"

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
Although not completely gangbusters, the latest Australian labour market update provided another justification for the optimism and seemingly hawkish turn the Reserve Bank of Australia (RBA) conveyed in the minutes of its 4 July board meeting. The Australian ...

Jump goes the Aussie

BENJAMIN ONG  |  WEDNESDAY, 19 JUL 2017
... income growth, and therefore consumption growth, in the period ahead." "Members noted that the strength of recent labour market data had removed some of the downside risk in the Bank's forecast of wage growth." But what put a rocket under the already ...

The Fed's inflation and asset price conundrum

BENJAMIN ONG  |  WEDNESDAY, 28 JUN 2017
... certain categories of prices". The Fed expects inflation to stabilise around 2% "over the next couple of years" as the labour market continues to strengthen. Fair enough. But how strong does the labour market need to be to get inflation lifting? At 4.3% ...

Cloudy skies in the land of the rising sun

BENJAMIN ONG  |  FRIDAY, 9 JUN 2017
... growth of 0.3% in the March quarter from 0.4% in the preliminary estimate. This is because despite an improving labour market - the unemployment rate was at 2.8% in February, March and April from 3.0% in January and job vacancies have been on a steady ...

US labour market covfefe

BENJAMIN ONG  |  MONDAY, 5 JUN 2017
America's non-farm payrolls report is called "The Mother of All Economic Reports" for nothing - it moves the US financial markets (and by extension, the global ones) up or down depending on the indications it presents when it's released. The US employment ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
... Morrison must be beaming when the Australian Bureau of Statistics (ABS) released the latest update on the country's labour market that showed the unemployment rate dropped from 5.9% in March to 5.7% in April - better than the 5.75% projected in the Budget ...

Three steps and yields stumble

BENJAMIN ONG  |  MONDAY, 15 MAY 2017
... month, also less than the expected 0.5% growth. Admittedly, these are one months' figure and the lead from the strong labour market and elevated could see a rebound in the coming months. But the year-on-year rate of growth in core retail spending had ...

No 'Plan B' for Brexit "twist and turns"

BENJAMIN ONG  |  FRIDAY, 12 MAY 2017
... increase capacity." Decently rational forecasts that could even have an upside surprise should the strength in the labour market continue - one that would encourage consumer spending. The unemployment rate remained at a 12-month low in the three months ...

Australian economy proceeding according to projections

BENJAMIN ONG  |  TUESDAY, 9 MAY 2017
... advertisements up to 10.1% last month - the fastest rate since March last year - suggesting strengthening in the labour market. Lastly, the Australian Bureau of Statistics' (ABS) update on building permits should ease the RBA's concern over the financial ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... These include "increased trade protectionism", the outlook for China and commodity prices, the slack in the domestic labour market (and its implication for wages and inflation), household consumption and household debt levels, and property prices.