Search: labour market

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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

7 Aug 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-18-17.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Nov 2022 Media Releases
The labour market remains very tight, with many firms having difficulty hiring workers. ... A further pick-up is expected due to the tight labour market and higher inflation.
https://www.rba.gov.au/media-releases/2022/mr-22-36.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

4 Apr 2023 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 3.60 per cent and the interest rate on Exchange Settlement balances unchanged at 3.50 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-08.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

4 Oct 2016 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/2016/mr-16-26.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

5 Jul 2022 Media Releases
At its meeting, the Board decided to increase the cash rate target by 50 basis points to 1.35 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-20.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

5 Apr 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-22-11.html

Statement by the Reserve Bank Board: Monetary Policy Decision

7 May 2024 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2024/mr-24-08.html

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

4 Dec 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-18-31.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

3 Jul 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-18-16.html