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

Search Results

Showing 411 - 420 of 1723 results for "Unemployment"

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... period, accelerating the annual rate of expansion to 1.8% from 1.4% in the year to the December 2018 quarter. The unemployment rate dropped to a 45-year low of 3.8% in the first quarter of this year from 3.9% so much so that despite the recent deceleration ...

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
... "In time, we would expect the lower exchange rate and the boost to disposable income to lead to more jobs, lower unemployment and a stronger economy. This should benefit us all, although I recognise that in the short run the effects are felt unevenly ...

Advisers wary of unlisted assets: Sunsuper

ELIZABETH MCARTHUR  |  THURSDAY, 30 MAY 2019
... alternative strategies. Sunsuper chief economist Brian Parker said: "We are at a pre-GFC level of employment. With such low unemployment it's going to be hard for growth to continue because where are businesses finding the people they need to grow?" ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... for global central banks alright. This is because persistent below-target inflation is happening at the same time unemployment rates have been falling to multi-year/multi-decade lows - even the Euro area's 7.7% rate of joblessness (March 2019) represents ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... Churchill's words now resonate in the conundrum most major world central banks face - low (even multi-decade low) unemployment rates and low (even easing) inflation. For all intents and purposes, the Fed's "policy of patience" - reinforced in ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG  |  THURSDAY, 23 MAY 2019
... had used an assumption of unchanged interest rates, the growth forecast would have been lower and the forecast for unemployment would have been higher." I stuck my neck out way back in June 2018 - when I started calling for an RBA rate cut at the time ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
... "At that meeting, we discussed a scenario in which there was no further improvement in the labour market and the unemployment rate remained around the 5% mark. In this scenario, we judged that inflation was likely to remain low relative to the target ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... and rational financial market reactions to the latest labour market stats. The seasonally adjusted series shows the unemployment rate increased to 5.2% in April from 5.1% in the previous month; the under-employment rate rose to 8.5% from 8.2%, and the ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... statement indicated at its May board meeting, the Australian central bank's bias is tilted towards the relatively low unemployment rate than below-target inflation as its forward guidance suggests, "the Board will be paying close attention to developments ...

Chief economist update: Same challenges, differing reactions

BENJAMIN ONG  |  THURSDAY, 9 MAY 2019
... New Zealand's economy. Just like Australia, New Zealand's labour market remains strong. The country's unemployment rate has trended lower since the 6.7% high recorded in the third quarter of 2012 to a near 10-year low of 4.2% in the March ...