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Showing 81 - 90 of 741 results for "labour market"

Economic recap: Week to September 10

BENJAMIN ONG  |  MONDAY, 13 SEP 2021
... the Delta outbreak the Australian economy 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 ...

Experts torn on inflation outlook

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... supply issue - it is turning out to not be that short term. "The medium-term outlook is going to be dictated by the labour market. What I am seeing does not point to transitory measures at all. We have seen employment snap back," she said. "The labour ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
... for the safe haven Japanese yen and the safe haven commodity, gold. While there was good news on Australia's labour market, business and consumer sentiment indicators suggest this wouldn't last long. The economy added 2,200 jobs in July - paltry ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
... in third quarter GDP - before it gets back on track in the December 2021 quarter. There were good news in the US labour market. The Bureau of Labor Statistics (BLS) reported that non-farm payrolls grew by 943K in July. This is the biggest addition to ...

Chief economist update: Local and foreign love affair with Australian property

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2021
... underpinned by the faster than expected economic recovery that's underscored by the improvement in the domestic labour market and the Reserve Bank of Australia's (RBA) continued accommodative monetary policy.

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... growth in GDP up to 1.1% and national output above the level it was before the coronavirus struck. Australia's labour market stats indicate that economic growth will continue to progress going forward. Employment increased by 115,200 in May - way ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... unemployment rate may have dropped to an eight-month low of 4.7% in the three months to April but "it is likely that labour market slack has remained higher than implied by this measure" because, "some individuals stopped looking for work during the ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... continued acceleration in household spending going forward, not to mention, the improvement in the country's labour market. Household consumption grew by 1.2% in the March 2021 quarter, contributing 0.7 percentage points to growth and driven by a ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... this year (from 4.75% it forecast in March and 3.2% in December 2020. This stronger economic growth would boost the labour market with the RBA expecting the jobless rate to continue to fall "to be around 5% at the end of this year and around 4.5% at ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... by 4.8% in May from April, the 113.1 reading is the second highest since April 2010. And why not? Australia's labour market continues to improve despite the withdrawal of the government's JobKeeper scheme. The country's unemployment rate ...