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Showing 491 - 500 of 1723 results for "Unemployment"

RBA names new chief information officer

ALEX BURKE  |  FRIDAY, 27 APR 2018
... said: "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: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... economy." The third and fourth points answer our question: "The third point is that the further progress in lowering unemployment and having inflation return to the midpoint of the target zone is expected to be only gradual" - midpoint of the inflation ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
... employment growth stat misses market expectations. The Australian Bureau of Statistics' (ABS) update shows that while the unemployment rate remained at 5.5% in March - in line with expectations and unchanged from the January and February - total monthly ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG  |  TUESDAY, 10 APR 2018
... previous quarter, more recent data indicate that the economy remains resilient to Brexit uncertainty. The country's unemployment rate stood at a 42-month low of 4.3% in January; March consumer confidence improved to its best level since May 2017; and ...

Chief economist update: Caught in the crossfire

BENJAMIN ONG  |  TUESDAY, 3 APR 2018
... permanent full-time employment - up 64,900 in February - that offset the 47,400 drop in part-time jobs. And although the unemployment rate ticked up to 5.6% in February from 5.5% in the previous month, this was a result of the increase in the participation ...

Chief economist update: It's not just the trade war

BENJAMIN ONG  |  MONDAY, 26 MAR 2018
... 1929 and 1933 and its exports plunged by 61%. We all know what happened thereafter - the depression deepened. The US unemployment rate jumped from 7.8% in 1930 to 25.1% three years later. No amount of Trump's pandering to the US populace will get him ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
... permanent full-time employment - up 64,900 in February - that offset the 47,400 drop in part-time jobs. And although the unemployment rate ticked up to 5.6% in February from 5.5% in the previous month, this was a result of the increase in the participation ...

Chief economist update: Dot tales

BENJAMIN ONG  |  THURSDAY, 22 MAR 2018
... 2.5% predicted in December 2017) and 2.4% next year (from 2.1%) and unchanged at 2.0% in 2020. Projections for the unemployment rate was lowered to 3.8% this year (from 3.9% in the December forecast) and 3.6% for 2019 and 2020 (from 3.9% and 4.0%, respectively). ...

Aussie attitudes toward retirement shifting

JAMIE WILLIAMSON  |  THURSDAY, 22 MAR 2018
... on the pension, possibly at a reduced level. However, one drawback of delayed retirement is that it may increase unemployment, with older workers occupying positions that younger people might otherwise have filled," Morris said.

Chief economist update: Plotting the dots

BENJAMIN ONG  |  MONDAY, 19 MAR 2018
... For it's also at this month's meeting that the Fed releases its FOMC projections for GDP growth, inflation and the unemployment rate and of course... the dot plots. The "dot plots" plot individual Fed district president's forecasts of the timing of the ...