Search: labour market
RBA Glossary definition for labour market
labour market – A collective term for employment, unemployment, participation rates and wages.
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Economic Outlook
5 Nov 2021
SMP
– November 2021
Statement. , reflecting the upgrade to labour market forecasts and the further absorption of spare capacity. ... All of these factors have implications for the pace of improvement in the labour market.
https://www.rba.gov.au/publications/smp/2021/nov/economic-outlook.html
Domestic Economic Conditions
7 Aug 2020
SMP
– August 2020
Statement on Monetary Policy. Economic activity and the labour market have both picked up since May as activity restrictions eased. ... Graph 3.4. The COVID-19 outbreak has severely affected the labour market. Employment fell by around 870,000 people
https://www.rba.gov.au/publications/smp/2020/aug/domestic-economic-conditions.html
Domestic Economic Conditions
6 May 2021
SMP
– May 2021
Statement on Monetary Policy – May 20212. Domestic Economic Conditions. The strong recovery in the Australian economy and the labour market has continued. ... Financial income also declined. By contrast, labour income increased by 1.4 per cent,
https://www.rba.gov.au/publications/smp/2021/may/domestic-economic-conditions.html
Economic Outlook
6 Aug 2021
SMP
– August 2021
Graph 5.4. Labour market conditions have improved more quickly than expected in recent months. ... The labour market will be negatively affected by the lockdowns in the September quarter.
https://www.rba.gov.au/publications/smp/2021/aug/economic-outlook.html
Economic Outlook
4 Feb 2021
SMP
– February 2021
Labour market outcomes in the December quarter were much stronger than expected at the time of the November. ... Statement. , as absorption of spare capacity occurs at a slightly faster rate given the upgraded labour market outlook.
https://www.rba.gov.au/publications/smp/2021/feb/economic-outlook.html
Financial Conditions
6 Feb 2024
SMP
– February 2024
Financial Conditions | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/financial-conditions.html
The International Environment
5 May 2023
SMP
– May 2023
The International Environment | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/the-international-environment.html
Economic Outlook
5 Nov 2020
SMP
– November 2020
More generally, measures of labour market underutilisation are expected to remain high throughout the forecast period. ... Participation in the labour market could rise more or less quickly than expected.
https://www.rba.gov.au/publications/smp/2020/nov/economic-outlook.html
Economic Outlook
7 Aug 2020
SMP
– August 2020
labour market underutilisation that occurred over this period will take a number of years to unwind. ... The increased slack in the labour market would place downward pressure on wages growth.
https://www.rba.gov.au/publications/smp/2020/aug/economic-outlook.html
Economic Outlook
10 Nov 2016
SMP
– November 2016
Labour market outcomes over recent months have prompted a downward revision to the forecasts for employment growth. ... This implies that there is likely to be a degree of spare capacity in the labour market for some time.
https://www.rba.gov.au/publications/smp/2016/nov/economic-outlook.html