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RBA Glossary definition for labour market

labour market – A collective term for employment, unemployment, participation rates and wages.

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Opening Statement to the House of Representatives Standing Committee on Economics

15 Aug 2023 Speech PDF 226KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-08-11.pdf

Exchange Rates and Inflationary Pressures

23 Oct 2022 Speech PDF 778KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-ag-2022-10-24.pdf

Recent Trends in Inflation

17 Nov 2021 Speech PDF 462KB
Now, the criticalissue for inflation is how the labour market responds, particularly as demand for services picks up. ... But on the other hand, we are expecting agradual pick-up in wages growth as the labour market tightens.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-11-16.pdf

Today's Monetary Policy Decision

6 Jul 2021 Speech PDF 155KB
One issue we arewatching carefully, though, is how the balance of supply and demand in the labour market is beingaffected by the closure of our international borders. ... The second is that our guidance about future bond purchases helps with market
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-07-06.pdf

Employment and Wages

26 Nov 2019 Speech PDF 510KB
Speeches | 2019
https://www.rba.gov.au/speeches/2019/pdf/sp-dg-2019-11-26.pdf

Opening Statement to the House of Representatives Standing Committee on Economics

9 May 2022 Speech PDF 154KB
The resilience of the economy is evident in the Australian labour market, where the outlook hascontinued to improve. ... An offset to this, though, is expected to be stronger growth in labourcosts due to the tighter labour market.
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-02-11.pdf

From Recovery to Expansion

17 Jun 2021 Speech PDF 280KB
the tightening of the labour market and its implications for wages and prices. ... The labour marketI would now like to turn to the second issue and that is the labour market.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-06-17.pdf

The Economic Outlook

10 Aug 2020 Speech PDF 346KB
weak demand seem to have accounted for more ofthe downturn in output and the labour market than earlier envisaged. ... This implies that there is more spare capacity in the labour market than a straight readof unemployment would suggest.
https://www.rba.gov.au/speeches/2020/pdf/sp-ag-2020-08-07.pdf

The Outlook for the Housing Market

5 Jul 2018 Speech PDF 435KB
Having said that,. 7/5/2018 The Outlook for the Housing Market | Speeches | RBA. ... http://www.rba.gov.au/speeches/2018/sp-so-2018-07-05.html 13/16. Graph 12. Although people from the Illawarra region can and do commute to Sydney, labour market
https://www.rba.gov.au/speeches/2018/pdf/sp-so-2018-07-05.pdf

22/09/2020 The Australian Economy and Monetary Policy | Speeches ...

22 Sep 2020 PDF 217KB
Turning to the labour market, hours worked remains a useful way to gauge what is happening, giventhe impact of JobKeeper on other measures of the labour market. ... However, therecovery in the labour market is likely to be bumpy and uneven and we still
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-09-22.pdf