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Showing 21 - 30 of 964 results for "Unemployment rate"

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... there may be more spare capacity in the labour market than the jobs-related data suggests. "The current 4.1% unemployment rate is at low levels and the number of job vacancies remains elevated. Surveyed measures have also seen a recent uptick in the ...

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... easing cycle. "We note that the RBA will be more willing to leave policy on hold for an extended period if the unemployment rate does not lift much further from here." Aird said CBA is predicting 100bp of easing over 2025, finishing the year with a cash ...

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
... estimate of the non-accelerating inflation rate of unemployment (NAIRU) is 4.3% (i.e. 0.2ppts above the current unemployment rate). But there is a lot of uncertainty around this estimate. "Given this uncertainty, the RBA will be looking to the inflation ...

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
The unemployment rate held steady at 4.1% in September, in line with the revised figure for August, according to seasonally adjusted data released by the Australian Bureau of Statistics (ABS). "With employment rising by around 64,000 people and the ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
... macroeconomic environment is different from five years ago, with higher levels of labour force participation and a lower unemployment rate. "While there was a brief interruption during COVID, Australia's productivity deadlock has persisted through two ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... Bhimavarapu said. "The focus from here will remain on the labour market, so unless there is an upside surprise in the unemployment rate on October 17, there is little chance for an RBA pivot. "However, the RBA risks prolonged subpar growth by lagging ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... property prices looks low. However, consumer spending is still likely to remain constrained, especially as the unemployment rate rises."

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
... activity indicators," she said. "The biggest indicator suggesting the need for a rate cut is the rise in the unemployment rate, which is usually a main driver of Federal Reserve decisions, along with inflation. Inflation has been easing for a while and ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... contributing to the recovery as global demand rises." The Eurozone's labour market remains resilient, with the unemployment rate broadly unchanged in July at 6.4%. Amundi Investment Institute head of developed markets strategy research Guy Stear expects ...

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... the August jobs report (to be released on September 6) shows a rise in monthly job gains to above 150k and the unemployment rate retreats slightly from 4.3%, the Fed will only cut rates by 25bps. On the other hand, if the August jobs report confirms ...