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Showing 551 - 560 of 1723 results for "Unemployment"

ECB disengages from currency war

BENJAMIN ONG  |  TUESDAY, 15 AUG 2017
... the year to the second quarter from 1.9% in the first quarter. This is the fastest growth rate in six years. The unemployment rate in the region has steadily fallen to 9.1% in June - the lowest level since 2009 - after peaking at 12.1% in July 2013. ...

Low-flation becoming less transitory?

BENJAMIN ONG  |  MONDAY, 14 AUG 2017
... in inflation is transitory. More so given the strength in the US labour market, underscored by another dip in the unemployment rate to 4.3% in July - the lowest level in 16 years. The Jobs Openings and Labor Turnover Survey (JOLTS) data confirmed the ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
... "Attempting to offset fully the effect of weaker sterling on inflation would be achievable only at the cost of higher unemployment and, in all likelihood, even weaker income growth". Not to mention on overall GDP growth - which in the latest 'Quarterly ...

Australian dollar poses problem for RBA

BENJAMIN ONG  |  MONDAY, 7 AUG 2017
... annual rate of around 3% over the next couple of years, which is a bit higher than estimates of potential growth. The unemployment rate is accordingly expected to edge lower. Underlying inflation is higher than late last year; it is expected to reach ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... pressure on the pound and upward pressure on prices. But this is easier said than done. For despite low levels of unemployment, wages growth remains sluggish. Average weekly earnings excluding bonuses grew by 2% in the year to May. This translates to ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... should also support a pick-up in household income growth, and therefore consumption growth, in the period ahead." The unemployment rate remained steady at 5.6% in June driven by an increase in the participation rate to 65% in June from 64.9% in the previous ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
... declines in prices of wireless telephone services and prescription drugs..." Inflation isn't lifting despite the US unemployment rate (4.4% in June) falling below estimates of NAIRU (4.9% OECD; 4.5% Oxford Economics) over the past months. It could be ...

The Trump risk on global trade

BENJAMIN ONG  |  FRIDAY, 14 JUL 2017
... and 1933 and its exports plunged 61%. Ouch! 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.

Economics 101 is dead

BENJAMIN ONG  |  MONDAY, 10 JUL 2017
... gain - and revisions to the prior two months saw an additional 47,000 increase to the jobs numbers. Although the unemployment rate ticked higher to 4.4% from the 16-year low of 4.3% recorded in May - a function of the increase in the participation rate ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
... to become necessary if the trade-off facing the MPC continues to lessen..." That trade-off, of course, is between unemployment/growth and inflation. UK GDP growth accelerated to 2% in the year to the first quarter from 1.9% in the previous one. The unemployment ...