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Showing 381 - 390 of 1723 results for "unemployment"

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... goods and services relative to goods and services produced overseas. "The pick-up in economic activity lowers the unemployment rate by around 0.4 percentage points to 41/2 per cent and raises year-ended trimmed mean inflation by around 0.3 percentage ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
... would be expected to lower GDP growth by 1/2 percentage point on average relative to the central forecasts, keep the unemployment rate at around 51/4 per cent (instead of declining to 5 per cent by the end of 2021) and keep trimmed mean inflation well ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... the year to the September quarter; trimmed mean steadied at 1.6%; weighted median decelerated to 1.2%. Although the unemployment rate eased to 5.2% in September from 5.3% in the previous month, it has a long way to go to reach the 4.5%, the level which ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... the economy adding 128,000 jobs in October, way more than consensus expectations for just an 89,000 gain and the unemployment rate remained near September's 50-year low of 3.5% in September to 3.6% last month. These positive reports came just two ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... good... if the economy operates in a vacuum. But it doesn't. Apart from inflation still below-target and the unemployment rate too, the experience of the past 24 hours proves this. The turn in RBA rate cut expectations, along with the Fed's overnight ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... other words, full-timers will view their incomes as more permanent and therefore, would spend more. Likewise, the unemployment rate has declined to 5.2% from 5.3% in August (although this is partly a function of the fall in the participation rate from ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... "return to trend growth" next year. Lowe said the expected return to trend growth over the next year will help get the unemployment rate down and gradually lift wages. "I don't think it's the right assumption to make that we're going to have a lot ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... (0.3%) and the Fed (1.4% - PCE price index). The weaker sterling exchange rate has helped. So too has the record low unemployment rate - 3.8% in the three months to July (lowest since 1974) - which is driving wages growth higher. UK total earnings including ...

One in three chance of global recession: Aviva

ELIZA BAVIN  |  MONDAY, 14 OCT 2019
... weakest sustained period for over a decade. We expect all major economies to be growing below potential in 2020, with unemployment likely to rise modestly and wage and inflation pressures set to remain muted," the report said. Aviva said that having ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
... economic conditions next five years (88.9 from 97.8); time to buy a major household item (114.5 from 119.6). While the unemployment expectations index improved to 131.8 in October from 133.6 in September - a positive - it's 7.3% higher than last ...