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Showing 431 - 440 of 1723 results for "Unemployment"

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... one interest rate cut this year after the Australian Bureau of Statistics' (ABS) good news on the country's unemployment rate - it dropped to an eight-year low of 4.9% in February from 5% in the previous month and 5.5% in the same month last ...

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
... to 1.8% (from 1.9%) this year and to 2% (from 2.1%) in 2020. The Fed revised higher its median forecasts for the unemployment rate to 3.7% (from 3.5%) in 2019 and 3.8% (from 3.6%) next year. This is not to say that the Fed is wrong in deciding what it ...

Chief economist update: Breaking up is hard to do

BENJAMIN ONG  |  THURSDAY, 14 MAR 2019
... Canada - except for the US. The FTSE-100 index even reached an all-time high in May 2018. Likewise, the country's unemployment rate has remained at 4.0% -- the lowest level since the 1970s - and inflation that shot up due to the depreciation of the ...

Australia in effective recession: Academic

KANIKA SOOD  |  THURSDAY, 7 MAR 2019
... consistently positive." Holden said the economy should be roaring along under the combination of stubbornly low inflation, unemployment levels and persistently low wage growth. The fact it is not, is further evidence Australia's economy is stagnating. ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
... strong. Monthly job gains averaged 223,000 in 2018, and payrolls increased an additional 304,000 in January. The unemployment rate stood at 4% in January, a very low level by historical standards, and job openings remain abundant. "Core PCE inflation ...

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
... full-timers will view their incomes as more permanent and therefore, would spend more. And even better than better, the unemployment rate remained at 5% despite increased participation rate to 65.7% in January from 65.6% in the previous month (an indication ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... points..." But it's not domestic demand that's Japan's problem. Domestic demand is being underpinned by low unemployment rate - down to 2.4% in December from 2.5% in the previous month - and more importantly, rising wages - up by 1.8% in ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
... the record low inflation expectations; the data will also add to the debate about the evolving relationship between unemployment and inflation as consumers now anticipate lower inflation and higher unemployment." (Jason Curtin)

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... what? "The low level of interest rates is continuing to support the Australian economy. Further progress in reducing unemployment and having inflation return to target is expected, although this progress is likely to be gradual. Taking account of the ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... since the March quarter of 2016. Sure, the economy has made great strides with regards to the labour market - the unemployment rate at 5% is near seven year lows - but wages growth remains stagnant. Add to these, the headwinds emanating from abroad - ...