LOGIN JOIN SHARECAFE SIGN UP FOR OUR NEWSLETTER ADVERTISE
share cafe logo  
 
SHARECAFE COMMENTARY

Stephen Koukoulas - Labour Force Data
BY STEPHEN KOUKOULAS - 11/09/2017 | VIEW MORE ARTICLES BY ALAN KOHLER

The labour force release will dominate the Australian data calendar next week with the highlights being the estimates of spare capacity in the labour market. The key points will be the rate of unemployment (currently stuck around 5.5 to 5.75%), the underemployment rate (currently around 8.5 to 9 per cent) and, linked to those, the momentum in jobs growth in both full-time and part-time work.

In recent months, the labour force data has seen solid levels of growth in employment which is good news. Less good has been the fact that this job growth is only, more or less, matching population growth. As a result, the unemployment/underemployment rates are not falling by much, if at all and this, rather than the level of employment, is why wages growth remains at record lows. The labour market needs at least a year or two of stronger growth before we can be confident that wages growth will pick up.



View More Articles By Alan Kolher

The Constant Investor is the new home of Alan Kohler, founder of Eureka Report and the ABC's finance presenter. Join to receive - Kohler's Weekly Overview, exclusive stock tips, investment ideas, podcasts and much more. Click here to learn more.



 

RECENTLY ADDED TO SHARECAFE


 › Marcus Today End Of Day Report
 › Friday At The Close
 › The Meaning Of Retirement & Accessing Your Superannuation Funds
 › Peak China
 › Two Small Caps With A 'Hire' Purpose
 › 90% Short; 99% Sure
 › China Downgraded
 › In The US, Another Big Retailer Bites The Dust
 › Solid Short-Term Outlook For Brickworks
 › Near-Term Commodity Sector Outlook
 › ANZ Economist Predicts Aussie Interest Rate Rise
 › Iron Ore Price Tanks
 › Can The US Fed Get Out Of This One?
 › The Tourism Boom No One Is Talking About
More ShareCafe   

GET THE SHARECAFE BREAKFAST BRIEFING


Delivered free to your inbox before the market opens each trading day. Sign up below +

SHARECAFE VIDEO


View More Videos