This Month
- Opinion
- Chanticleer
Why bad news has the ASX bulls running
Bad news from the job market turned a good day on the ASX into a great one. Investors are ploughing into market darlings in the firm belief that rate cuts are coming.
- Updated
- James Thomson
Jobless jump could unwind next month, economists say
Economists predict some of the lift in unemployment in April may unwind in May, amid broader signs the jobs market remains strong and is absorbing a surge in migrants.
- Updated
- Michael Read
Jobless rate up; No ‘quick’ house price fix: RBA; Buffett boosts bulls
Read everything that’s happened in the news so far today.
Treasury expects unemployment to climb to 4.5pc by this time next year
Sluggish hiring could lead cautious households already grappling with higher interest rates to save rather than spend the windfall from tax cuts.
- Michael Read
- Opinion
- Chanticleer
Investors shouldn’t believe Chalmers on inflation just yet
For inflation to get back to target by Christmas, more pockets of pain will have to emerge. But the corporate sector is holding up well.
- Updated
- James Thomson
US job growth slows in April; unemployment rate rises to 3.9pc
The closely watched US non-farm payroll report showed employers scaled back hiring.
- Lucia Mutikani
April
Nickel miner axes 530 jobs as pressure builds for budget bailout
Resources Minister Madeleine King says government alone cannot solve nickel industry woes as job losses near 2000 since December.
- Brad Thompson
US data shows economy in unexpected slowdown
Growth in the world’s biggest economy was slower than expected, while an acceleration in inflation reinforced expectations rates won’t be cut before September.
- Lucia Mutikani
It turns out APM wasn’t so ‘disappointed’ in MDP’s bid after all
It has been a difficult period for the employment and NDIS services group, and brokers expect things to remain that way. But not enough to scare some off.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Why the RBA won’t cut rates soon; Supermarket stoush; Misguided push for Australian made
This week, James and editor-in-chief Michael Stutchbury discuss the data the RBA will be mulling, examine how the supermarket inquiry turned nasty, and ask whether the Made in Australia push is doomed.
US jobless figures hold steady as labour market stays strong
US jobs have remained plentiful and the economy has forged on thanks to strong consumer spending.
- Matt Ott
Sharemarket doesn’t need rate cuts for life support
Australia’s jobless rate rose less than expected as the labour force remains tight, reinforcing the case for the Reserve Bank to stay on hold.
- Cecile Lefort and Ben Potter
- Updated
- Jobs
Business collapses hit record, jobs market stays strong
The slowing economy pushed a record number of businesses into insolvency last month, but just 6600 people lost their job, suggesting smaller firms were hit hardest.
- Ronald Mizen
AI to create 150,000 jobs, claim the academics who study it
A new economic analysis by a consortium of top Australian professors has found AI should add 150,000 jobs to the economy by 2030 and boost GDP by $200b a year.
- John Davidson
US jobless figures fall but wholesale inflation eases
The US labour market continues to show resilience despite hot inflation data, while producer prices rose by less than economists expected.
- Matt Ott
UK jobs market getting even tougher for new graduates
The number of vacancies for graduates fell 30.2 per cent from a year ago in February, according to data from the jobs search engine Adzuna.
- Isabella Ward
Madison Dearborn comes to the party at APM Human Services
The latest bid is expected to be announced on the ASX on Monday, when APM’s shares resume trading.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Almost one in three jobs created last year was for the NDIS
The growth in NDIS-related employment has masked the slowdown in private sector industries like construction, retail and manufacturing.
- Michael Read
March
US jobless figures ease as labour market stays resilient
Applications for unemployment insurance have remained subdued over the last year despite elevated interest rates and some signs of cooling in the labour market.
- Jarrell Dillard
Jobless rate falls; Powell unleashes bulls; Chemist Warehouse surges
Read everything that’s happened in the news so far today.
