Governor Lowe believes the unemployment rate will need to fall well below 5% before inflation climbs to the point where he needs to jack up rates.
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Articles on Unemployment rate
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The Reserve Bank should stick to its guns. Australia’s economy still needs all the support it can get.
Governments use a variety of labor market policies to support workers who lose their jobs – each with a different impact on a country’s well-being.
A high unemployment rate isn’t just bad for individuals without a job, and the costs aren’t just financial.
With 70 percent of its people under 30 years, Nigeria needs to harness the strength in its youthful population.
The economic status of Black Americans hasn’t changed since the Fed was handed its mandate in 1977. Could targeting Black unemployment, encouraging credit and reporting discrepancies narrow the gap?
The $600 federal jobless benefit may be generous, but that doesn’t mean is isn’t what workers and the US economy need.
More than eight out of 10 self-employed Australians have taken a significant financial hit from COVID-19, new ANUpoll data shows.
Several economists predict joblessness will eventually surpass the 25% rate experienced in 1933.
The difficulty governments have had in meeting the needs of Canadian workers impacted by the coronavirus crisis has exposed holes in our social safety net and the inadequacy of existing labour laws.
Some economists are predicting joblessness to surpass the record level experienced at the height of the Great Depression as 22 million people file for unemployment benefits.
Being out of work is hard: here’s how psychology is helping to make the process of finding a job a little easier.
Western perceptions of what’s happening in Tunisia differ sharply with Tunisia’s daily reality: the truth is that its political transformation is in trouble.
Claiming “there are jobs out there for those who want them” is cheap rhetoric glossing over the reality of unemployment.
We’ve 41,000 more long-term unemployed than would be expected given the unemployment rate. Something has changed.
An economist explains why the long-term drop in the participate rate is an even bigger problem for the US economy than the May slowdown in jobs growth.
We should ignore out-of-date and failed theories and test what full employment really means in 2018.
With the unemployment rate at about the lowest level in almost 50 years, how much lower could it go? An economist explains.
The May jobs report showed that US unemployment is at about a 50-year low. That’s not how it feels to many men who’ve never been to college.
The unemployment rate is now at its lowest level in 17 years and is very close to a 50-year low. Does that mean we’re at full employment?
Top contributors
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Professor of Economics, The University of Melbourne
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Professor of Economics, UNSW Sydney
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Associate Professor of Markets, Public Policy and Law, Boston University
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Professor of Economics & Business, Allegheny College
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professorial Fellow, University of Canberra
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Professor of Economics, University of Canberra
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Professor of Management, Co-Director of the MIT Sloan Institute for Work and Employment Research, MIT Sloan School of Management
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Professor of Economics, University of Nebraska Omaha
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Associate Professor of Economics, Pace University
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Senior Research Fellow (Macroeconomics), Melbourne Institute, The University of Melbourne
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Associate Professor, Bankwest Curtin Economics Centre, Curtin University
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Lecturer in African Studies and International Development, The University of Edinburgh
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Associate Professor, Centre for Social Research and Methods, Director, Centre for Economic Policy Research (CEPR), Australian National University
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Professor of Economics and Public Policy, ANU College of Arts and Social Sciences, Australian National University
