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Showing 471 - 480 of 1723 results for "Unemployment"

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
... to sleep with his nth reiteration of "...we see reasonable prospects that the economy will record good growth, the unemployment rate will come down gradually and that inflation will increase over time... The timing of any future change in interest rates ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... certainty." Then again, the US and UK labour markets are operating at or close to full capacity with 3.9% and 4% unemployment rate, respectively. Australia's still trying to get there and a premature rate hike could unravel the economy's slow ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
... around 11/2% per year. The MPC continues to judge that the UK economy currently has a very limited degree of slack. Unemployment is low and is projected to fall a little further. In the MPC's central projection, therefore, a small margin of excess ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... economy that has growth an annualised rate of 4.1% in the second quarter - the fastest pace in four years - with an unemployment rate of 4% - near 18-year lows and inflation that's inches away from target - core PCE price inflation was at 1.9% in ...

Chief economist update: A pretty picture of the labour market

BENJAMIN ONG  |  FRIDAY, 20 JUL 2018
... Part-time employment gained another 9700 positions in June after the 33,400 added in the previous month. Sure, the unemployment rate didn't go lower - steady at 5.4% - but this was mainly due to the increase in the participation rate from 65.5% in ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... BY BENJAMIN ONG | FRIDAY, 13 JUL 2018 10:50AM "I think the economy's in a really good place. As I mentioned, unemployment is now 4%... which is the lowest it's been in 20 years. The other thing that's good that's been happening is for ...

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
"I think the economy's in a really good place. As I mentioned, unemployment is now 4%... which is the lowest it's been in 20 years. The other thing that's good that's been happening is for five years we've seen people coming back ...

Chief economist update: Fed funds at five point O

BENJAMIN ONG  |  TUESDAY, 10 JUL 2018
... increased by a significantly more than expected 213,000 in June after growing by 244,000 in the previous month. The unemployment rate did tick up to 4% from the 18-year low of 3.8% in May but this was due to the increase in the participation rate to ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
We're all much aware of the US Federal Reserve's optimistic outlook for America's economic growth, unemployment and inflation and that, as per the 13 June FOMC statement, the risks to this outlook "appear roughly balanced." However, the ...

Chief economist update: Steady at 24 and counting

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2018
... conclusion: "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." To paraphrase ...