Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 361 - 370 of 1722 results for "Unemployment"

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... outbreak coming on the back of the bushfires is likely to see the economy go backwards which in turn is likely to push unemployment up further after the rise to 5.3% seen in January. "Growth should rebound in the March quarter but given the uncertainty ...

EM debt relatively unscathed by virus: Research

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
... China, sentiment has changed, and reactions have been more geared toward restarting the economy to try and avoid mass unemployment." On Sunday, China reported no new cases outside of the Hubei province, where the virus outbreak began, and a number of ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
... again soon... very soon, for this, Virginia, is as good as it gets. The other stats in the report showed that the unemployment rate increased to 5.3% in January from 5.1% in the previous month - a move further away from the 4.5% rate the RBA considers ...

CommInsure income protection off the menu

ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
... will now be the income protection offering for the joint insurers. Priority Protection will now have an involuntary unemployment benefit, which is a CommInsure Protection feature. AIA said this is to deliver the best of both product sets to consumers. ...

QSuper member drags board to court, loses

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... while the case was adjourned in SCT) and in December, 2013 agreed to pay a TPD benefit from the date of Chapman's unemployment, January 2011. However, Chapman wasn't satisfied and lodged a complaint with SCT again in May 2016 (the reason for ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... with conditions similar to the current state of the economy -- a stock market rocketing to then-record highs and unemployment at multidecade lows -- though GDP growth was higher at that time." It gets better. "Americans are also expressing peak optimism ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
... sharp depreciation post-Brexit referendum); the FTSE-100 index has gained by 18.4% since July 2013 to date; and, the unemployment rate has dropped from 7.7% (June 2013) to a 45-year low of 3.8%. In his final BOE meeting, Carney remains hopeful, expecting ...

Surplus may not be as advertised: Grattan

ELIZABETH MCARTHUR  |  MONDAY, 10 FEB 2020
... Curve" with predictions of 3% to 3.5% wage growth recently revised lower. The Phillips Curve states that inflation and unemployment have a stable and inverse relationship. Yet, despite unemployment being low, wages are not being driven higher. Wood pointed ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
... both. US GDP growth accelerated at an annualised quarterly rate of 2.1% in December 2019 (from 1.1% in 2018) and the unemployment rate dropped to a 50-year low of 3.5% (from 3.9%). Not to mention, Wall Street's surge to record highs. However, inflation ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... by a seasonally adjusted 28,900 in December that followed the addition of 38,500 jobs in the previous month. The unemployment rate declined to 5.1% from 5.2% in November. The same thing happened on the way to the strong November jobs report (released ...