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

Search Results

Showing 21 - 30 of 32 results for "underemployment rate"

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
... 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 nominal wages ...

Chief economist update: A pretty picture of the labour market

BENJAMIN ONG  |  FRIDAY, 20 JUL 2018
... makes sense for while the unemployment rate tracks those looking for work but couldn't find any, the underemployment rate are those already in jobs but want more hours - till they gain full-time status. And I presume, they will do whatever it takes ...

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
... makes sense for while the unemployment rate tracks those looking for work but couldn't find any, the underemployment rate are those already in jobs but want more - till they gain full-time status. And I presume, they will do whatever it takes (as ...

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
... 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... and ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
... 1.9% in the June quarter. 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. Financial Standard's recently-released Good Economics Guide ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... employers are finding it more difficult to hire workers with the necessary skills". More so, given that the underemployment rate (which is a leading indicator of wages growth) has consistently headed lower over the past four quarters - down to 8.3% in ...

Surefire Melbourne Cup bet

BENJAMIN ONG  |  MONDAY, 30 OCT 2017
... its inverse correlation with wages, it's more helpful. The latest ABS 'Labour Force' report shows that the underemployment rate eased to 8.6% in the August quarter from 8.8% in the three-month period ended May and the record high 8.9% in February (based ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... change, are more persistent or pervasive than assumed." Certainly looks like it. ABS data shows that the underemployment rate had risen above the 7.8% high (December quarter 2009) recorded during the global financial crisis starting in the third quarter ...