Despite the surprise of a drop in the unemployment rate to 6.8%, it covers up a weaker underlying market story, according to BetaShares’ chief economist....

By the time Australia kicks off 2021, many more businesses will be closed and many more people will be officially unemployed, as opposed to the synthetic unemployment rat...

Some 40% of Australians say they are living paycheque to paycheque in this uncertain environment, according to Finder, as Treasurer Josh Frydenberg announces Australia’s ...

Despite much of the job market struggling due to the COVID-19 pandemic, financial and insurance services have seen a boost in openings in June. ...

Downward earnings revisions and bearish signals are still indicating headwinds in the US economy in a similar way to 2008, despite any short-term market rallies, accordin...

Amid suggestions by the Australian Financial Complaints Authority that the Activities of Daily Living regime is “very tough”, the major insurers have flagged key changes ...

The high percentage of female staff in COVID-19 affected sectors such as retail and arts means women are being hit harder by economic effects of the pandemic....

Economic activity in developed markets is expected to recover in the second half of the year, but the shocks in some parts of the world could last longer. ...

Around 3.92 million Australians are either unemployed or under-employed as social distancing restrictions have largely shut-down customer-focused industries, according to...

Westpac has revised downwards its expectations for unemployment from 11% to 9% in light of the newly-unveiled JobKeeper proposals....

Unemployment in Australia could reach 11% by June, according to Westpac chief economist Bill Evans, up from its original forecast of 7%, in light of the “extraordinary ti...

Australian fixed income investors believe falling house prices pose the biggest risk to credit markets with 95 per cent expecting prices to fall further....

International ratings agency, Fitch Ratings has pointed to some significant economic challenges confronting the re-elected Coalition Government....

Growth was the strongest in finance and insurance jobs, increasing by 9.9 per cent over the year, and contributing to overall employment growth in the labour force....