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Showing 1 - 10 of 1325 results for %22unemployment rate%22

South Australia recognised as 'economic leader'

ANDREW MCKEAN  |  MONDAY, 22 APR 2024
... 8.6% above its long-term average, while Victoria took third place with 8.5%. South Australia had the lowest unemployment rate (3.8%) which is 35.8% below its decade average. Western Australia came second with a jobless rate of 3.6%, which is 32.2% below ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... 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 has ...

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 ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... 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 convened ...

Agricultural sector in for a mixed 2024: Outlook

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... 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 in the ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... 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 Fair Work ...

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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