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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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Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Jul 2021 Media Releases
The labour market has continued to recover faster than expected. The unemployment rate declined further to 5.1 per cent in May and more Australians have jobs than before the pandemic. ... Meeting it will require the labour market to be tight enough to
https://www.rba.gov.au/media-releases/2021/mr-21-13.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Jun 2021 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including: the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond; the parameters of the government bond purchase
https://www.rba.gov.au/media-releases/2021/mr-21-09.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

4 May 2021 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding
https://www.rba.gov.au/media-releases/2021/mr-21-06.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Apr 2021 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding
https://www.rba.gov.au/media-releases/2021/mr-21-04.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

2 Mar 2021 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding
https://www.rba.gov.au/media-releases/2021/mr-21-03.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

2 Feb 2021 Media Releases
At its meeting today, the Board decided to maintain the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding Facility. It also decided to purchase an
https://www.rba.gov.au/media-releases/2021/mr-21-01.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Dec 2020 Media Releases
The positive news on vaccines has boosted equity markets, lowered risk premiums and supported further increases in some commodity prices. ... This will require significant gains in employment and a return to a tight labour market.
https://www.rba.gov.au/media-releases/2020/mr-20-32.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

3 Nov 2020 Media Releases
These bonds will be bought in the secondary market through regular auctions, with the first auction to be held this Thursday for Australian Government securities. ... This will require significant gains in employment and a return to a tight labour market.
https://www.rba.gov.au/media-releases/2020/mr-20-28.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Oct 2020 Media Releases
Financial market volatility is low and the prices of many assets have risen substantially despite the high level of uncertainty about the economic outlook. ... Labour market conditions have improved somewhat over the past few months and the unemployment
https://www.rba.gov.au/media-releases/2020/mr-20-24.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Sep 2020 Media Releases
At its meeting today, the Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
https://www.rba.gov.au/media-releases/2020/mr-20-20.html