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

Search Results

Showing 21 - 30 of 50 results for "underemployment"

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... about asking for a top up on our current salaries. The lead and the positive correlation between wages and the underemployment rate indicate continued tepid (even weaker) wages growth. At this point, I'm not so sure whether an additional (or even ...

Hiring continues but wage growth under pressure

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... for the health of the labour market." Despite the positive story in these figures, Pearson noted that "the trend underemployment rate, which measures those people who want more hours of work, is stuck." "It will be hard to achieve stronger real wage ...

Chief economist update: Faster wages growth a one-off?

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
... Commission annual wage review increased the minimum wage and modern awards by 3.5%." In addition, the lead from the underemployment rate calls for renewed slowing in wages growth over the next two quarters. There's also the record high level of household ...

Chief economist update: Australia's low(er)-flation

BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
... slower than the 4%-4.5% annual wages growth rates seen before the global financial crisis and if the lead from the underemployment rate is any guide, wages would remain stagnant in the coming quarters. It'll be hard for inflation to pick up until ...

Chief economist update: Don't mind the gap

BENJAMIN ONG  |  FRIDAY, 17 AUG 2018
... Australia's labour market, at least, growth in wages has tightened more its negative correlation with the underemployment rate, helping to explain the lacklustre growth in wages over the past few years. Ben Ong is the Director of Economics and Investments ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... important for the inflation outlook." The strengthening Australian labour market offers hope but the lead from the underemployment rate suggests that wages growth would remain at around 2.0% till the end of 2018 (at least). If correct, the growth in ...

Chief economist update: A pretty picture of the labour market

BENJAMIN ONG  |  FRIDAY, 20 JUL 2018
... particularly important for the inflation outlook." The chart below shows that wages are more correlated with the rate of underemployment. This makes sense for while the unemployment rate tracks those looking for work but couldn't find any, the underemployment ...

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
... and NAIRU broke down in 2015. Woe is us! The chart below shows that wages are more correlated with the rate of underemployment. This makes sense for while the unemployment rate tracks those looking for work but couldn't find any, the underemployment ...

Chief economist update: All Ords rising

BENJAMIN ONG  |  TUESDAY, 15 MAY 2018
... Expectations are for wages growth to remain steady at 2.1% but based on its lagged negative correlation with the underemployment rate, the risk is for slightly weaker growth. The promised reduction in taxes announced in the Budget has already changed ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
... well! But wait, there's more! The chart below showing the negative correlation between growth in wages and the underemployment rate suggests that there's still plenty of slack in the labour market and therefore, underscoring continued weak wage growth... ...