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Showing 1 - 10 of 1647 results for "unemployment"

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... Sahm Rule, a recession indicator that signals that a recession begins when the three-month moving average of the unemployment rate rises by 0.5% or more from its lowest point in the past year has flashed red. Although, the national US unemployment rate ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... their respective targets, in order to preserve as much as they can of the gains made in recent years in reducing unemployment and under-employment," Eslake said.

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... waiting for more confidence regarding the fall in inflation at its March but the combination of slowing growth, rising unemployment and falling inflation should see it in a position to start cutting at its June meeting (if not then in August)," Oliver ...

Overhaul of TPD structure, pricing needed: MLC Life

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... with the reality that many Australians simply lack sufficient savings to sustain themselves for extended periods of unemployment due to temporary disability," Puli said. The research accompanies the release of a green paper that explores the development ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... moderates and growth in labour and non-labour costs eases. Employment is expected to continue to grow moderately and the unemployment rate and the broader underutilisation rate are expected to increase a bit further." This is the first time the RBA has ...

Agricultural sector in for a mixed 2024: Outlook

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... and a low Australian dollar," Rural Bank said. The cost of seasonal labour will also remain high, driven by the low unemployment rate and minimum wage awards. "A more favourable economic environment is expected to begin supporting agricultural markets ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... tight labour market and the Fair Work Commission's decision to uplift the minimum award wage significantly. "The unemployment rate has remained around a 48-year low, pretty much all year, which is an incredible outcome," she noted. "Further, the ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... RBA target until 2025 for several reasons, including the economy's resilience to rate hikes, record migration, low unemployment, stimulatory fiscal policy, and government wages policy which is adding to inflation. "The RBA hiked the cash rate in November ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... Turning attention to growth, Powell said to date declining inflation has not come at the cost of meaningfully higher unemployment. "A highly welcome development, but a historically unusual one," he commented. He said the restoration of supply chains ...

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 13 OCT 2023
... security, productivity, our skills need, and barriers to work," he said. "We've overseen 15 months where the unemployment rate has a three in front of it, and that's only happened in three other months since these records were first kept 45 years ...
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