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Showing 371 - 380 of 1723 results for "Unemployment"

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 ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... years has deteriorated by 5.4% and 3.7% in the month of January. There's good news in the labour market - the unemployment expectations index fell by 2.9% in the month of January from December. But the reading of 134.0 points is above its long-term ...

Chief economist update: Fundamentally overvalued

BENJAMIN ONG  |  FRIDAY, 17 JAN 2020
... those two years averaged 3.6% (compared with the latest reading of 1.7%); headline inflation at 2.9% (1.7%); the unemployment rate at 4.6% (5.2%); wages growth at 4.1% (2.2%); and, retail spending at 6.8% (3.3%). The Australian equity market (pre-GFC) ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
... confidence." "In response, the government is providing significant support. Despite recent weakness in activity, the unemployment rate remains near multidecade lows, labor force participation continues to climb, and per capita income growth remains healthy." ...

Chief economist update: Moving target

BENJAMIN ONG  |  WEDNESDAY, 8 JAN 2020
... stats show that half of its dual mandate - full employment and stable (2% target) inflation - is responding. The US unemployment rate is at a 50-year low of 3.5% (November 2019) but inflation as measured by the Fed's preferred inflation gauge - the ...

Chief economist update: More jobs dull rate cut bets

BENJAMIN ONG  |  FRIDAY, 20 DEC 2019
... than market expectations for an increase of 14,000 as both full-time and part-time positions gained. Likewise, the unemployment rate declined to 5.2% from 5.3% in October, with the participation rate from steady at 66.0%. It's therefore not surprising ...

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
... September and October employment numbers, bringing the three-month average growth in jobs to 205,000 (up by 29,000). The unemployment rate dropped back to a 50-year low of 3.5% from 3.6% in November. Optimistic consumers who have jobs will spend. While ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... revenues/profits, lessened business investment on equipment and building & structures and staff, that'll lead to higher unemployment, weaker consumer spending... Weak consumer spending also leads to heavy discounting as businesses try to preserve ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... have reached a gentle turning point" - backed up by its 2021 central scenario for the economy to grow by 3%, the unemployment rate to improve "a little below 5%", and inflation "expected to be close to 2%". The RBA's optimistic outlook is predicated ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... Governor Lowe told his audience at the Economic Society of Australia conference in Brisbane that: "In the event that the unemployment rate does not move lower with current policy settings, there are a number of options..." "...These include: further ...