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Showing 1 - 10 of 100+ results for "Unemployment"

Tasmania leads economic recovery

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... the eighth quarter in a row, the Apple Isle has outgunned the other states and territories based on its relative unemployment, retail spending, equipment investment and dwelling, according to the latest CommSec State of the States report. South Australia ...

Residential property demand to weaken

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... year. Capital growth is expected to grow between three to 8% this year, Wargent said, adding that the potential for unemployment to rise could also derail demand. "Record job vacancies suggest that the employment figures are only going to increase from ...

Tight labour market not yet producing wage growth

ELIZABETH MCARTHUR  |  MONDAY, 24 JAN 2022
... to 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 ...

PIMCO lowers GDP growth rate

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
... the UK. "We see several likely reasons why the US stands out. First, the pandemic response relied more heavily on unemployment insurance than furlough schemes, resulting in lower job attachment. Second, according to several surveys, US households have ...

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 ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
... that other market interest rates have moved in response to the increased likelihood of higher inflation and lower unemployment, the effectiveness of the yield target in holding down the general structure of interest rates in Australia has diminished." ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... What's the RBNZ to do? Raise interest rates of course to slow consumer spending, stoked by the declining rate of unemployment - down to 4.0% in the June quarter (the lowest level since the September quarter of 2018. New Zealand's central bank ...

Tasmania remains best performing state: CommSec

ANNABELLE DICKSON  |  MONDAY, 25 OCT 2021
... state and territory economies are in strong shape, well supported by significant fiscal and monetary stimulus." "Unemployment rates are historically-low across much of the nation - remarkable when you consider the COVID-19 challenges and when the broader ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
... since the global financial crisis of 2008-2009, inflation died. We've been all witnesses to half-a-century low unemployment rates across many nations around the world and yet inflation remained dead. So much so that in its 13 April 2013 publication ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... while 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" - ...
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