Tag Archives: Wage Growth

Australia Jobless Rate Edges Higher, Employment Misses Judgments

Australia Jobless Rate Edges Higher, Employment Misses Estimates By Michael Heath @maheath1 More storeys by Michael Heath Updated on Participation rate equals highest level in seven years New South Wales contributed territory professions gains, Victoria the losses Australia contributed fewer places than forecast in February and unemployment margined higher as more parties tried study, suggesting … Read More

Australian Jobless Rate Unexpectedly Drops on East-Coast Hiring

Australian unemployment unexpectedly decreased in September after a flare of hiring in the two most populous states. Key Details Employment rose 19,800 from August; economists calculate 15,000 increase Jobless rate fell to 5.5%; reckon 5.6% Full-time jobs rose by 6,100; part-time employment climbed 13,700 Participation rate was unchanged from a revised 65.2% Aussie dollar bought … Read More

Trump Taps Powell for Fed to Oversee Economy Fraught With Risks

Jerome Powell, said to be President Donald Trump‘s pick to be the next Federal Reserve chairman, about to be take the reins of the world’s most important central bank when the U.S. economy is reeling along at a speed he’ll be under pressure to sustain. Growth is accelerating, inflation is tamed and unemployment is the … Read More