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Showing 21 - 30 of 187 results for "participation rate"

Chief economist update: A wonderful set of numbers

BENJAMIN ONG  |  FRIDAY, 20 NOV 2020
... the unemployment rate inched up to 7.0% from 6.9% in September but this was due to the sharp increase in the participation rate to 65.8% in October from 64.9% in the previous month - indicating workers' confidence over their job prospects. But wait ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
... underemployment rate remaining at 11.2%; - the underutilisation rate decreasing by 0.7 pts to 18.0%; - the participation rate increasing 0.1 pts to 64.8%; and - the employment to population ratio increasing 0.5 pts to 60.3%." These compare with consensus ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... ahead, albeit with state level differences given the level three restrictions in place in Melbourne, as the participation rate rises along with jobs gained. Overall, this should keep the unemployment rate moving higher," Craig said. "But it will be other ...

Chief economist update: Stop right now, thank you very much

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
... jumped higher to a 22-year high of 7.4% in June from 7.1% in May, but this is due to the sharp increase in the participation rate to 64.0 in June from 62.7% in the previous month - itself a positive indicator, as jobseekers re-enter the labour force ...

Chief economist update: Victoria's secret

BENJAMIN ONG  |  MONDAY, 6 JUL 2020
... in May - and according to the Australian Bureau of Statistics (ABS), had it not been for the decline in the participation rate, the jobless rate would have risen from around 8.1% to 11.3%. For sure and for certain, Victoria's second wave would put ...

AFA, FPA share bleak view of industry

ELIZABETH MCARTHUR  |  TUESDAY, 30 JUN 2020
... is duplication in compliance requirements. The associations also faced questioning on the FASEA exam and the participation rate.Following that, Labor MP Daniel Molino referred to the FASEA exam as "basic", saying that it concerns him that only 7000 financial ...

Chief economist update: US labour market turns V-shaped

BENJAMIN ONG  |  TUESDAY, 9 JUN 2020
... May versus 14.7% in April and market expectations for a continued climb to 19.8%, despite the increase in the participation rate to 60.8% from the 47-year low of 60.2% recorded in the previous month. Hurrah, hurrah, hurrah! But hold your horses. Looking ...

Australia approaches fiscal cliff: UBS

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
... headways in keeping Australians in jobs, it said, helping the fall in employment to be offset by a fall in the participation rate. "There are also > 1.6mn people on JobSeeker (unemployment benefits), lifting by ~1mn since COVID-19 - meaning ~8mn are on ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... closures and social restrictions. The 'dreamy' unemployment rate is explained by the sharp drop in the participation rate from 66.0% in March to a 15-year low of 63.5% in April - those dropouts aren't classified as unemployed. Likewise, the ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... from 4.4% in the previous month (reality) and, mind you, the rise in the jobless rate happened despite the participation rate dropping to 60.2% (the least since January 1973) from 62.7% in March. But... this is better than market expectations for a jump ...