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Showing 31 - 40 of 55 results for "Underemployment"

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... important 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 ...

Chief economist update: A pretty picture of the labour market

BENJAMIN ONG  |  FRIDAY, 20 JUL 2018
... particularly important for the inflation outlook." The chart below shows that wages are more correlated with the rate of underemployment. This makes sense for while the unemployment rate tracks those looking for work but couldn't find any, the underemployment ...

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
... and NAIRU broke down in 2015. Woe is us! The chart below shows that wages are more correlated with the rate of underemployment. This makes sense for while the unemployment rate tracks those looking for work but couldn't find any, the underemployment ...

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
... well! 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... ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
... low 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 ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... "some 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 ...

Surefire Melbourne Cup bet

BENJAMIN ONG  |  MONDAY, 30 OCT 2017
... wages rising and workers spending. But apart from NAIRU, the RBA deputy governor also stated that, "Measures of underemployment are also helpful" and as evidenced by its inverse correlation with wages, it's more helpful. The latest ABS 'Labour Force' ...

Wage freeze

BENJAMIN ONG  |  THURSDAY, 17 AUG 2017
... the current rates of employment wages should be growing at around 3% per annum (give or take). It is the rate of underemployment - or what the ABS describes as "underutilised productive capacity" - that now provides a stronger negative correlation with ...

Industry super fund grows ESG team

KARREN VERGARA  |  TUESDAY, 1 AUG 2017
... employer contributions to tackle the underpayment of young workers' super and the challenges of freelance work and underemployment. The report is due for release in September.