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Showing 31 - 40 of 927 results for "unemployment rate"

Skill shortage to continue to cost Aussie companies

CASSANDRA BALDINI  |  MONDAY, 30 JAN 2023
... talent will cost them. According to research conducted by specialised recruiter Robert Half, the recent 3.5% unemployment rate that circles dangerously close to a 50-year low has led 44% of employers to believe the skill shortage will be the biggest ...

Bonds are back: GSFM

CHLOE WALKER  |  WEDNESDAY, 25 JAN 2023
... Miller, the data doesn't validate that view at the moment. "If we look at the labor market in the US, the unemployment rate is still pretty close to a fifty-year low. I can remember when man walked on the moon, and that was the last time (until the ...

RBA governor cites climate, energy transition in inflation response

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... inflation back down required high interest rates and was associated with a deep recession and a rise in the unemployment rate of at least five percentage points." Lowe said that inflation is likely to be more variable going forward. He also focused on ...

US enters recession - or does it?

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... slowing down as the Federal Reserve acts to bring down inflation." Biden went on to tout the nation's 3.6% unemployment rate, second quarter job creation and strong levels of consumer spending. Later at a press conference, he cited the data and said ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... weakened. However, despite these developments Powell said that the labour market remains extremely tight, with the unemployment rate nearing a 50-year low, job vacancies nearing record highs and wage growth elevating. Over the last three months US employment ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
The unemployment rate has fallen to 3.5%, the lowest level since 1974, and near-record inflation hasn't subsided, leading experts to believe that aggressive rate hikes will continue. Australian Bureau of Statistics (ABS) data showed the number of ...

Ord Minnett announces Perth office launch

CASSANDRA BALDINI  |  FRIDAY, 17 JUN 2022
... one of top performing economies in the world the economic fundamentals look excellent," he explained. "With an unemployment rate of 2.9% (the lowest across all states), there are a significant number of West Australians who require quality financial ...

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... prices. As a further justification for the implementation of the program, the board's decision was made while the unemployment rate was close to 7% and inflation was well below its target band. At the KangaNews DCM Summit, assistant governor Christopher ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... said Australia's economic resilience is particularly evident in the labour market, citing the declining unemployment rate and record high labour force participation. "The central forecast is for the unemployment rate to decline to around 3.5% by ...

Real unemployment far higher than ABS claims: Roy Morgan

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
While Australia's unemployment rate has fallen to its lowest level since the pandemic began, there are still millions who remain unemployed or under-employed. Unemployment and under-employment are rife, with the latest Roy Morgan findings showing that ...