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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Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Jun 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 85 basis points.
https://www.rba.gov.au/media-releases/2022/mr-22-14.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
6 Mar 2018
Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 1.50 per cent.
https://www.rba.gov.au/media-releases/2018/mr-18-05.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Mar 2022
Media Releases
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-05.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Sep 2021
Media Releases
year. Notwithstanding the strong economic and labour market outcomes pre-Delta, wage and price pressures remain subdued. ... Meeting this condition will require the labour market to be tight enough to generate wages growth that is materially higher than
https://www.rba.gov.au/media-releases/2021/mr-21-19.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
3 Aug 2021
Media Releases
The labour market has recovered faster than expected, with the unemployment rate declining further to 4.9 per cent in June. ... Meeting this condition will require the labour market to be tight enough to generate wages growth that is materially higher
https://www.rba.gov.au/media-releases/2021/mr-21-14.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
6 Feb 2018
Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 1.50 per cent.
https://www.rba.gov.au/media-releases/2018/mr-18-01.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 Oct 2021
Media Releases
year. The restrictions on activity have had a significant effect on the labour market. ... Hours worked – the best indicator of labour market conditions at the moment – declined by nearly 4 per cent in August.
https://www.rba.gov.au/media-releases/2021/mr-21-22.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
6 Nov 2018
Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 1.50 per cent.
https://www.rba.gov.au/media-releases/2018/mr-18-27.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 Jun 2018
Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 1.50 per cent.
https://www.rba.gov.au/media-releases/2018/mr-18-14.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Dec 2021
Media Releases
A further pick-up in wages growth is expected as the labour market tightens. ... This will require the labour market to be tight enough to generate wages growth that is materially higher than it is currently.
https://www.rba.gov.au/media-releases/2021/mr-21-29.html