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Showing 1 - 10 of 42 results for "US employment report"

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... 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
... 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 ...

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: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... 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 in wages ...

Chief economist update: The uncertainty that is Trump

BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2018
... 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 ...

US labour market covfefe

BENJAMIN ONG  |  MONDAY, 5 JUN 2017
... by extension, the global ones) up or down depending on the indications it presents when it's released. The US employment report for May could not be put in the "good news is good news and bad news is good news" box for while it was a right royal disappointment ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 6 OCT 2016
... The soft lead from the ADP private payrolls would have economists trimming their forecasts for the official US employment report for September due out Friday night (consensus expectations are for a 170K increase). The ADP private payrolls survey showed ...

Fed's plan slips on oil

BENJAMIN ONG  |  THURSDAY, 21 JAN 2016
... could "wash out" the downward pressure to inflation. To be sure, while wage growth remains slow, the strong US employment report for December -- payrolls jumping by 292,000 in December following a 252,000 increase in the previous month. This is much ...

The fat lady in concert on Sunday

BENJAMIN ONG  |  FRIDAY, 3 JUL 2015
... hours! Stop hogging the BLS website people. Never mind, I could get bits and pieces of the details of the US employment report from, er, the headlines and the spins around the headlines. What I found were confusing indications on the US labour market. ...

Budget for uncertainty

BENJAMIN ONG  |  TUESDAY, 12 MAY 2015
... the get go yesterday. Yup, I expected as much given the good news on or before "Mother's Day" - goldilocks US employment report, clam in the bond markets, China's rate cut, among others -- that sent American and European equity markets jumping at the ...
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