unemployment rate

Macro
Roger Montgomery

The Reserve Bank of Australia opted to leave interest rates on hold. But with key parts of the economy in decline, it may be just a matter of time before it has to cut again. The question is: how effective will a rate cut be? It’s generally folly to predict whether... Show More

Clime Asset Management

In a world post-2000, we find ourselves operating in the ‘new economy’ following the tech bubble and the GFC. Accordingly, the rules of the game have changed. Investors need to consider persistent low interest rates and low inflation, employment and labour participation shifts, and technological advancements, as well as ageing... Show More

Something weird is happening in the unemployment statistics. Weird in an unhelpful way. The unemployment rate used to tell us more than just the percentage of people looking for a job. For a long time, you could also rely on it to tell you a consistent story about underemployment —... Show More