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Search ResultsShowing 1 - 10 of 100+ results for "US employment"
Chief economist update: US labour market turns V-shaped
BENJAMIN ONG  |  TUESDAY, 9 JUN 2020
... on the 5th of June offered something concrete to bet investors' bottom dollar on. There's a V in there. US employment increased by 2.5 million in the month of May, a sharp V-shaped rebound from the 20.7 million jobs lost in the previous month ...
Economic impact worst since WWII: Research
HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The economic impact of the COVID-19 pandemic is the biggest shock to the Australian economy since World War II, according to Roy Morgan. New analysis from the research house confirms Australia is facing the biggest single hit to its economy and workforce ...
Chief economist update: Australia needs a cheaper A$
BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... the July rate cut announcement (from US$0.6967 one day before the announcement). 'Twas only after the strong US employment report (that reduced Fed expectations for a 50 bps cut in July) that sent the A$ back down to US$0.6971. This has also reduced ...
Chief economist update: BOE going the wrong way?
BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... the inverted US yield curve predicting a looming recession. This has been underscored by the latest disappointing US employment report - up by 75,000 in May, sharply lower than the 224,000 increase in April and expectations for a 185,000 gain. The uncertainty ...
ASA to vote against AMP remuneration
HARRISON WORLEY  |  FRIDAY, 26 APR 2019
The Australian Shareholders Association is set to take a swing against AMP at the wealth manager's AGM next week. ASA will vote against AMP's remuneration report at its annual general meeting next Thursday, as it harbours ongoing concerns about culture ...
And so this is Christmas, another year (almost) over
BENJAMIN ONG  |  MONDAY, 10 DEC 2018
The "mother of all eco stats" - the US employment report - has been released. But it was neither here nor there and by the looks of it, it didn't make an iota of a difference that the Fed will raise the fed funds rate by another 25 basis points ...
Chief economist update: Americans who want work will find it
BENJAMIN ONG  |  MONDAY, 5 NOV 2018
... release of the US non-farm payrolls report that showed a strong surge in employment and correspondingly rising wages. US employment increased by 250,000 in October after the addition of 118,000 workers on payrolls in the previous month. This is sharply ...
Chief economist update: Friday when the trade war began
BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... opening salvo on the war on trade. Perhaps. Or it could also be that financial markets took comfort in another solid US employment report - non-farm payrolls increased by a much higher than expected 213,000 in June - without a corresponding increase ...
Chief economist update: The uncertainty that is Trump
BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2018
... by extension, stronger growth - has yet to put pressure on wages and again, by extension, inflation. The latest US employment report showed that average weekly earnings slowed to 2.6% in the year to February, down from 2.8% in the previous month, which ...
America is full
BENJAMIN ONG  |  MONDAY, 11 DEC 2017
... November US labour numbers to stop the Fed from delivering its "promised" third rate hike finale for 2017 this week. US employment increased by 228K in November following a 244K gain in October. This is greater than market expectations for a 200K pick ...
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