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

Search Results

Showing 371 - 380 of 968 results for "Unemployment rate"

Trump's tweets and deeds

BENJAMIN ONG  |  MONDAY, 6 FEB 2017
... international trade -- to about 20% of its earlier levels in just a couple of years." This resulted in the US unemployment rate rising from 8.0% (when the Smoot-Hawley tariff was passed in 1930) to 16% in 1931 and 25% in 1932-33. It was only after Roosevelt ...

Three for three

BENJAMIN ONG  |  FRIDAY, 3 FEB 2017
... 435 billion. Like the BOJ, the British central bank upgraded its 2017 growth outlook to 2.0% from 1.4% and the unemployment rate to 4.9% to 5.0% in its latest Inflation Report. Growth and the labour market are not the BOE's current problem, rising inflation ...

Heading the ECB's way

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2017
... could persist if the current stronger growth trend continues, supported by an improving labour market - the unemployment rate fell to 9.6% in December (the lowest level since May 2009) from 9.7% in November and October - and the weaker euro. However ...

Brexit beginning to bite?

BENJAMIN ONG  |  TUESDAY, 24 JAN 2017
... latest improvement in UK consumer confidence and the economic composite indicator as well as the country's low unemployment rate and rising wage growth.

Jobs and jobless rate rise

BENJAMIN ONG  |  FRIDAY, 20 JAN 2017
... and bad news in the Australian Bureau of Statistics' (ABS) latest update on the country's labour market. The unemployment rate increased to 5.8% in December, the highest rate since June this year and was more than expectations for an unchanged reading ...

Brexit where?

BENJAMIN ONG  |  THURSDAY, 19 JAN 2017
... market data provided more signs of PM Theresa May having the upper hand in Brexit negotiations. The country's unemployment rate remained at a low 4.8% in the three months to November with the employment rate holding at a record high 74.5%. This compares ...

Slack Eurozone labour

BENJAMIN ONG  |  THURSDAY, 12 JAN 2017
The Eurozone's unemployment rate remained unchanged at 9.8% in November from October. This is in line with market expectations, the lowest in seven years (September 2009) and an improvement from the 10.5% rate recorded in the same month a year earlier. ...

US at full employment

BENJAMIN ONG  |  TUESDAY, 10 JAN 2017
... (though this was offset by an upward revision that added an extra 19K employed in October and November) and the unemployment rate inching up to 4.7% from 4.6%. However, I agree with Atlanta Fed president Dennis Lockhart's comments that, "The job of cyclical ...

MYEFO: Surplus of promises

BENJAMIN ONG  |  TUESDAY, 20 DEC 2016
... Australian consumer confidence dropped from a reading of around 120 in early 2010 to 89.6 in late 2011 as the unemployment rate rose from a low of 4.9% (2010) to a high of 5.3% a year later (wages growth started its trend decline in early 2012) which ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 16 DEC 2016
... and bad news in the Australian Bureau of Statistics' (ABS) latest update on the country's labour market. The unemployment rate increased to 5.7% in November, the highest rate since August this year and was more than expectations for an unchanged reading ...