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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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In Brief: Statement on Monetary Policy – May 2024

7 May 2024 SMP
In Australia, economic growth also remains slow. Inflation has been higher than expected and labour market conditions have proven stronger than anticipated. ... This decision supports the objectives of bringing inflation to target and the labour market
https://www.rba.gov.au/publications/smp/2024/may/

Economic Conditions

7 May 2024 SMP – May 2024
Economic Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/economic-conditions.html

Outlook

7 May 2024 SMP – May 2024
Outlook | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/outlook.html

Overview

7 May 2024 SMP – May 2024
Overview | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/overview.html

In Depth – Potential Output

7 May 2024 SMP – May 2024
In Depth – Potential Output | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/in-depth-potential-output.html

Financial Conditions

7 May 2024 SMP – May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html

Statement on Monetary Policy – May 2024

7 May 2024 SMP
The RBA's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output growth.
https://www.rba.gov.au/publications/smp/2024/may/contents.html

Box A: Insights from Liaison

7 May 2024 SMP – May 2024
Box A: Insights from Liaison | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/box-a-insights-from-liaison.html

Economic Conditions

6 Feb 2024 SMP – February 2024
Economic Conditions | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/economic-conditions.html

In Brief: Statement on Monetary Policy – February 2024

6 Feb 2024 SMP
Labour market conditions are easing but are still tight relative to full employment. ... Labour market conditions are expected to continue to ease, to be broadly consistent with sustained full employment and inflation at target, on the assumption that
https://www.rba.gov.au/publications/smp/2024/feb/