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Showing 81 - 90 of 964 results for "Unemployment Rate"

CBA posts strong result, dividend

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 FEB 2022
... economy to have a strong year in 2022 despite early challenges from the Omicron strain of COVID-19. Both the unemployment rate and the underemployment rate are at the lowest since 2008, with high participation rates," chief executive Matt Comyn said. ...

Tasmania leads economic recovery

KARREN VERGARA  |  MONDAY, 24 JAN 2022
Tasmania continues to be the best-performing economy thanks to a booming housing market, a new report shows. For the eighth quarter in a row, the Apple Isle has outgunned the other states and territories based on its relative unemployment, retail spending ...

Residential property demand to weaken

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... figures are only going to increase from here, especially as the international borders reopen," he said. With the unemployment rate falling to 4.17% in December, this does not factor in the effect of the Omicron variant on the workforce, Wargent said ...

Tight labour market not yet producing wage growth

ELIZABETH MCARTHUR  |  MONDAY, 24 JAN 2022
... run at 3-4%, not the 2% growth of recent years," Bloxham said. "Last week's jobs numbers, which showed an unemployment rate at a 13-year low of 4.2%, will help. But even at that rate, it could take some time to generate a broad-based shift in wage ...

Inflation to persist in 2022: Aviva

KARREN VERGARA  |  TUESDAY, 11 JAN 2022
... expected, according to Aviva Investors. While Australia's growth outlook for 2022 is strong, backed by a lower unemployment rate, inflation has the potential to derail the nation's progress. "Many of the reasons for higher inflation are well ...

Tasmania remains best performing state: CommSec

ANNABELLE DICKSON  |  MONDAY, 25 OCT 2021
Tasmania has retained its status for the seventh consecutive quarter of having the best-performing economy in Australia, CommSec research shows. In the stockbroker's latest State of the States report, the ACT has retained is second place position ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
It wasn't so long ago - before the COVID-19 pandemic struck to be precise - that every other central bank around the planet were hopin' and wishin' and prayin' for consumer price inflation to, at the very least, move higher to within ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... the US economy stagnated, with annual GDP growth collapsing from 7.6% in 1973 to negative 2.3% by 1975. The unemployment rate soared from 4.6% to 8.6% over the same period. The same scenario played out in the mid-1980s. The "great moderation" - strong ...

Economic recap: Week to September 24

BENJAMIN ONG  |  MONDAY, 27 SEP 2021
... (3.8% versus 3.3% predicted three months before) and in 2023 (2.5% versus 2.4%). Similarly, the Fed predicts the unemployment rate to be higher this year (4.8% from 4.5%) before declining to 3.8% next year and 3.5% in 2023 - both unchanged from its June ...

Economic recap: Week to September 10

BENJAMIN ONG  |  MONDAY, 13 SEP 2021
... had considerable momentum... Business investment was picking up and the labour market had strengthened. The unemployment rate had fallen below 5% and job vacancies were at a high level." "The recovery in the Australian economy has, however, been interrupted ...