unemployment

Weaker demand for labour explains higher unemployment in most countries, but Australia's jobless rate has edged up on increased supply.

The US unemployment rate has edged above most estimates of the NAIRU for the first time since 2021, supporting a Fed rate cut next month.

Rising unemployment has almost reached the "Sahm rule" threshold that has historically been a useful guide to US recessions.

Falling job vacancies could see sharp increases in unemployment in the US and UK, while the EA and Australia look further from this point.

NZ unemployment continues to rise as employment falls.

For our first pack of new charts in 2024, we take a deep dive into historic trends.

On fixed rate bond exposure, now is not the time to have zero, but it is not the time to fill your boots.

This week’s charts begin with a historic look at US bond returns

The very tight labour market is still easing a little, ahead of key inflation data next week.

Weekly Update | 11th August, 2023