Tag Archives: Labour Market

The labour market ossifies (May gross flows)

The May gross flows data suggests an ossifying labour market: if you have a job, you are more likely to keep it, but if you do not have a job, it’s harder to re-enter employment. Advertisements

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Good news about the Aus labour market

I could fairly be accused of a little recent pessimism about the outlook for the Australian economy. Today, I want to point to a reason things might be better than I expect: the labour market is a better functioning market than … Continue reading

Posted in AUD, Australian Politics, economics | Tagged , | 2 Comments

Hours worked show widening output gap

I am generally a proponent of the Unemployment Rate Only approach to the labour market report … however allow me this modest indulgence. The aggregate hours worked data has problems on a month on month basis, however the widening gap … Continue reading

Posted in AUD, economics | Tagged | 11 Comments