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

Search Results

Showing 431 - 440 of 513 results for "Jobless"

Market Wrap - Midday

AAP  |  THURSDAY, 7 MAY 2009
... well-received quarterly profit result from Rupert Murdoch's media conglomerate, News Corp. Official data showed that the jobless rate had unexpectedly dropped to 5.4 per cent in April from 5.7 per cent in March. Economists had expected a rise to 5.9 ...

De-stressing the stress test

BENJAMIN ONG  |  THURSDAY, 7 MAY 2009
... would slow the nascent improvement in the economy. Recall that the climb out of the 1990/91 recession was termed 'the jobless recovery'.

Market Wrap - Morning

AAP  |  WEDNESDAY, 22 APR 2009
... 2.95 per cent lower on Tuesday, on profit-taking in heavyweight HSBC and declines in property companies due to the rising jobless rate. The benchmark Hang Seng Index ended the session down 465.02 points at 15,285.89. WELLINGTON - The New Zealand sharemarket ...

Market Wrap - Morning

AAP  |  FRIDAY, 17 APR 2009
... YORK - Wall Street rallied on Thursday, lifted by better-than-expected profits from JPMorgan Chase and a drop in new US jobless claims that fueled hopes for an economic rebound. The Dow Jones Industrial Average climbed 95.81 points, or 1.19 per cent ...

The good news in good news

BENJAMIN ONG  |  TUESDAY, 14 APR 2009
... and reports has eased. Some have even begun to improve - not only in America but also in China. Reports of a fall in US jobless claims heading into Easter added to encouraging data on durable goods, housing and job cut announcements released over the ...

Aviva offers insurance relief

COMPANY RELEASE  |  TUESDAY, 7 APR 2009
... financial crisis. Aviva said the waiver applies for a cumulative maximum of 12 months in the case where the client is jobless and registers with Centrelink or a recognised employment agency. "This allows our clients to focus on the pressing matters associated ...

Jobless rate in perspective

BENJAMIN ONG  |  FRIDAY, 13 MAR 2009
'Job losses worst for 18 years' (AFR). 'Australian Jobless Rate Climbs to 4-Year High of 5.2%' (Bloomberg). Boy oh boy, here we go again. Each time Australia's job numbers are updated, we get the media's display of their masochistic tendencies. We are ...

Fanning the flames of fear

BENJAMIN ONG  |  TUESDAY, 10 MAR 2009
... 651,000 workers in February, taking the unemployment rate up to 8.1 per cent - the highest in 25 years. Last month, the jobless rate was 7.6 per cent. Last year, it was 4.8 per cent. For sure this is bad news because of the loss of jobs' flow-on effect ...

Let them have soup

BENJAMIN ONG  |  FRIDAY, 6 MAR 2009
... house is already neck deep in water. And data out of the US last night shows that the economy continues to drown. Initial jobless claims were up 85.8 per cent year-on-year while continuing claims jumped 81.8 per cent. The deterioration in the US labour ...

GFC in a fortnight

BENJAMIN ONG  |  MONDAY, 2 MAR 2009
The events of the past two weeks provided a microcosm of the on-going global financial crisis. The past 14 days capture the drama cum horror story that is being played out all around the world over the course of nearly two years. Fresh US data released ...