Podcasts about labour market

Kia ora,Welcome to Monday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news with claims of "substantial progress" and "a deal we struck" by the Americans in their Geneva talks with China, but no indications of anything from the Chinese. Bluster from the White House doesn't count for much these days.But first in the coming week, US attention will shift to Wednesday's CPI data for April although no real surprises are anticipated. There will be April data for retail sales too, PPI data, housing starts, and the next sentiment update from the University of Michigan at the end of the week.China will report new loan data, house price data, and updates for industrial production and retail sales. Japan will release its Q1-2025 GDP data, and both South Korea and Australia will release labour market data updates. Locally we will get travel, population, retail and productivity data, not to forget the Q1 ready mixed concrete data (!).In Japan, household spending rose +2.1% in March from a year ago and far better than the expected +0.2% gain. It was the strongest growth since December. Helping was that the previous retreats of spending on food basically stopped, while spending on furniture and on recreation rose a good levels.China's April CPI inflation dipped -0.1% from a year ago, holding the same easing for a second month and that was what was expected. It was the third consecutive month of consumer deflation. Within that result, food prices were up +0.3% but beef prices fell -4.9% from a year ago, lamb prices were down -3.8%. Milk prices fell -1.2%.Deflation was more pronounced for producer prices, down -2.7% from a year ago, the steepest retreat for any month in 2025.Staying in China, April exports came in very much better than the pullback that was expected. In fact their trade surplus was almost as strong as the unusual March trade surplus. Few were expecting this 'good' result. Here are the results by trading partner.New Zealand exported twice what we imported from them. For Australia it was almost the same but the Aussies have a higher dependency on China than we do. For the US, they are still taking more that 10% of all Chinese exports although that is down from nearly 13% usually. But Chinese buying of American goods is now under 6% of all Chinese imports, down from the usual 16%. The Americans may have initiated the tariff war, but the Chinese have reacted far faster.Meanwhile China said its Q1-2025 current account surplus hit a record high, more than treble what it was in the same quarter a year ago. US demand saw their merchandise trade surplus leap, while their services deficit narrowed slightly.Across the Pacific in the US, that foreigners are avoiding travel there has been confirmed by new data that shows an historic drop in inbound travel spending. It has only been a sharper drop in the aftermath of the 9/11 attacks and the early stages of the badly-handled response to Covid. The US as a travel destination is a significant reason they have run services surpluses. The travel boycott may build over fears it is unsafe, amid numerous reports of immigration officers detaining tourists or denying entry even for transit.Further the American spring real estate season is shaping up to be 'a dud'. High unsold inventories, high price expectations, and still-high mortgage rates are putting off buyers during this prime selling period.The US barbeque season is approaching and the cost of beef is rising and rising. Tariffs are raising prices and drought is thinning local cattle supply. That means the Americans are more dependent than ever on imported beef, especially ground beef. They are price takers so are paying both the premium for the supply shortfall, plus the full imported tariffs.Looking north, although the Canadian jobless rate rose a touch more than expected to 6.9% in April (and a 3 year high), and there was only a minor rise in overall payroll employment, there was in fact a strong rise in full-time jobs and an equally notable fall in part-time roles.The Canadian dollar fell on the jobless rise. The overall softness however probably means the Bank of Canada will cut its 2.75% policy rate again at their next meeting on June 5 (NZT).The UST 10yr yield is at 4.38%, unchanged from this time Saturday and up +16 bps for the week. The price of gold will start today at US$3323/oz, and down -US$15 from Saturday.Oil prices are holding today at just on US$61/bbl in the US and the international Brent price is still just under US$64/bbl.The Kiwi dollar is now at 59.1 USc, down -10 bps from Saturday at this time, down -30 bps from a week ago. Against the Aussie we are unchanged at 92.2 AUc. Against the euro we are still at 52½ euro cents. That all means our TWI-5 starts today just under 67.6 and little-changed from Saturday, down -20 bps from this time last week.The bitcoin price starts today at US$104,041and up +0.9% from Saturday. Volatility over the past 24 hours has been modest at just under +/- 1.7%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

A recent article in the Atlantic asserted that the US labour market is ‘frozen'. To explain this further and are we seeing this in Canada is Todd Hirsch. Todd is an economist and author and joins us. Find out more at toddhirsch.com and connect on LinkedIn.

 07th May: Blockchain DXB podcast

We last looked at the Graduate Labour Market in December 2024 and a lot has changed since then. In this episode, Dawn Lees, Student Employability and Development Manager, looks at the current state of the graduate labour market, focusing on the relationship between politics and the economy.* Dawn shares insights on how the global situation has impacted the graduate labour market as well as sharing advice to help you succeed if you're looking for a graduate job. Links and Resources : If you would like help making career decisions or exploring your career/further study options, please contact the Career Zone to book a Guidance appointment. Public sector page (Is it currently social guidance and services?) How to research an employer page Book onto a CV/Application form advice session via Handshake Book onto a skill session via Handshake, topics include Problem Solving, Communication and Collaboration and Personal Resilience. Attend one of our Employer Events, book via Handshake. *Data mentioned in this podcast is from May 2025

John Maytham is joined by economist Ihsaan Bassier from the University of Surrey to unpack the deeper forces driving South Africa’s persistent gender pay gap. Based on a major study co-authored with Leila Gautham, Bassier explains how nearly half the wage disparity between men and women isn’t about unequal pay for equal work — but about women being concentrated in lower-paying firms. Follow us on:CapeTalk on Facebook: www.facebook.com/CapeTalkCapeTalk on TikTok: www.tiktok.com/@capetalkCapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.

Today, we're discussing Poland's struggle with one of the world's lowest fertility rates and how artificial intelligence and modern trends in the labour market are reshaping work and family life. Joining me is Professor Anna Matysiak, head of the Interdisciplinary Centre for Labour Market and Family Dynamics at the Faculty of Economic Sciences, University of Warsaw. We are discussing why Poles are having so few children and why are those low TFRs so important. Prof. Anna Matysiak is sharing her research experience with us and explains what are the crucial factors determining fertility decisions. We are also discussing how can policymakers design effective strategies to increase fertility and provide a work-life balance for families.Please follow our faculty media for updates and share your thoughts in the comments.The podcast is financed by the Polish National Agency for Academic Exchange under the Welcome to Poland Programme (2022). Let's make together economics in Warsaw 2.0.

Kia ora,Welcome to Tuesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news that gold is rising, being the 'last man standing' as a perceived safe-haven asset. And American bond funds are having a moment, a negative one. Outflows are continuing, building selling pressure at the rate of about US$10 bln per week and have done so for the past five weeks now.The position of the US dollar and US Treasuries are being directly undermined by the US president. He and his advisers have been raging about the role of the Fed boss. If he tries to remove him, expect a larger market reaction, especially from the bond market. But so far it is all bluster.But first, it will be a short, truncated week post-Easter with just three business days until Frida's ANZAC Day holiday. Our March export results are one of the few data releases. We will also get an update this week from the RBNZ's six-monthly credit condition survey.Internationally, we will get the start of the March 'flash' PMIs for April. Wall Street will continue with its early earnings season results, dominated this week by big tech. US durable goods orders for March, and confidence survey results for April are also due for release this week.Over the weekend China left its key lending rates unchanged for the sixth consecutive month in April. After that, the yuan rose as did the Hong Kong and Shanghai stock exchanges. Expectations for a reserve ratio cut to boosrt bank liquidity are mounting there.China ramped up its budget spending in the first quarter at the fastest pace since 2022, allocating nearly 22% of planned outlays to counter weakening foreign demand amid an ongoing tariff war. The move is part of a broader strategy to boost domestic demand and support industries hit by trade tensions.Earlier they said foreign direct investment into the country is struggling again. In January it was down -14% from a year ago to ¥13.4 bln in the month. It rose to ¥16.6 bln in February. a +16% year-on-year gain. But it March it was only ¥6.9 bln, a -45% drop from from the same month a year ago. China prefers to look at this data "year-to-date" but that masks the current weakness.Japanese CPI inflation stayed high in March although it did slip to 3.6%, and the second consecutive decrease and the lowest of 2025.Across the Pacific, the US dollar has fallen to a three year low. Sentiment is being undermined by the Trump attacks on the US Fed. And it seems pretty clear that the US in now in a tariff-tax recession. Not only is the Atlanta Fed's GDPNow signaling a -2.2% economic contraction, the blue chip 'consensus' forecasts are now showing up with contraction forecasts too. And the spread into investors funds is happening rather quickly now. 90 of the top 100 best-performing exchange-traded funds of last year are down in 2025, with an average loss of -13%, according to Bloomberg Intelligence.American new housing starts unexpectedly dropped -11.4% in March from February to an annualised rate of 1.324 mln, the lowest level in four months and virtually the same as the same month a year ago. But the expectation is that these will fall from here as new-builds get much more expensive from the tariff-tax effect.US initial jobless claims came in at 220,000 last week, an increase although less of an increase than seasonal factors would have anticipated. But that puts them +5.1% higher than year-ago levels.Diving even more is the Philly Fed's factory survey in the heartland Pennsylvania manufacturing rust belt. This is the icon region the tariff-taxes are supposed to save. But they aren't feeling any benefit - although hardly surprising to everyone but MAGA zealots. New orders dropped to pandemic levels, and apart from the pandemic, the overall sentiment has seen its fastest and steepest drop since these survey records started in the 1970s.In Canada, they are a week away from their federal election (Monday, April 28, 2025 Canadian time). The polls are tightening but the incumbent Liberal Party still holds a comfortable lead over the Conservatives. Likewise in Australia, their federal election is in the week after that. Polls there also show a comfortable lead for the incumbent Labor Party. In both cases, the conservative forces are undermined by the toxic Trump effect. But on the other side, the Labor Party is wavering in some key heartland Sydney seats, hurt by "the Gaza issue".In Europe, they are in a better position to cut interest rates because they also don't have the inflation pressures the US has. And they have. The European Central Bank cut its policy interest rates by -25 bps on Thursday, as expected, marking the sixth consecutive cut since June and bringing the key deposit rate down to 2.25%. They say their disinflation process is progressing well and they have now dropped previous references to a "restrictive" policy stance. They also say that their growth outlook has worsened from the escalating trade tensions.On Thursday, Australia released its March labour market data and there was a good +33,000 rise in new jobs, bouncing back from the February drop. The March data saw the increase evenly split from an increase in full-time jobs and part-time jobs. Their jobless rate unchanged stayed at 4.2%. There are +308,000 more people employed in Australia over the past year, a rise of +2.2%. The UST 10yr yield is now at 4.40%, up +7 bps from this time Saturday. Wall Street is taking it on the chin in its Monday session, down a very sharpish -3.1% on the S&P500, and staying down. The Nasdaq is down -3.6%, the Dow down -3.3%, so a broad retreat. The price of gold will start today at US$3417/oz, and up +US$90 from Saturday.Oil prices have fallen (in USD), down -US$1.50 from Saturday to be now just over US$63/bbl in the US and the international Brent price is now just on US$66/bbl.The Kiwi dollar is now at 60 USc, up +60 bps from Saturday at this time and its highest in six months. Against the Aussie we are up +50 bps at 93.6 AUc. Against the euro we unchanged at just on 52.1 euro cents. That all means our TWI-5 starts today now just under 68 and its highest since mid December.The bitcoin price starts today at US$86,811 and up +2.6% from this time Saturday. Volatility over the past 24 hours has again been moderate at +/- 2.2%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Rich Socher is the Founder and CEO of You.com. Richard previously served as the Chief Scientist and EVP at Salesforce. Before that, Richard was the CEO/CTO of the AI startup MetaMind, which Salesforce acquired in 2016. He is widely recognised as having brought neural networks into the field of natural language processing, inventing the most widely used word vectors, contextual vectors and prompt engineering. He has over 150,000 citations and served as an adjunct professor in the computer science department at Stanford. In Today's Episode We Discuss: 04:10 Winners & Losers: OpenAI, Gemini, Claude 08:59 How Partnerships Could Decide the Winners in AI 12:42 China vs US: Who Wins the War for AI 25:50 How Society and Economics Needs to Change in a World of AI 34:04 What Jobs Will Be Replaced, What Will Not 36:04 How Europe Needs to Change It's Approach to AI 41:06 How AI Will Change Health and Longevity 43:10 AI in Consumer and Enterprise Markets 49:30 Quantum Computing and AI Misconceptions 56:57 Longevity, Personal Reflections, and Future Outlook  

It was a quieter week in financial markets. Locally the highlight was the March labour force release showing an unemployment rate of 4.1%. Digging deeper though there are signs the labour market is cooling. The RBA Minutes highlight growing global concerns but local economic data over the next month will be important. The Minutes note May will be an opportune time to revist policy.   Disclaimer:    Important Information   This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).  Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.   No Reliance  This podcast is not investment research and nor does it purport to make any recommendations. Rather, this podcast is for informational purposes only and is not to be relied upon for any investment purposes.  This podcast does not take into account your objectives, financial situation or needs. It is not to be construed as a solicitation or an offer to buy or sell any securities or other financial products, or as a recommendation, and/or investment advice. You should not act on the information in this podcast.   The Bank believes that the information in this podcast is correct and any opinions, conclusions or recommendations made are reasonably held at the time given, and are based on the information available at the time of its compilation. No representation or warranty, either expressed or implied, is made or provided as to accuracy, reliability or completeness of any statement made.  Liability Disclaimer  The Bank does not accept any liability for any loss or damage arising out of any error or omission in or from the information provided or arising out of the use of all or part of the podcast.      

This event, co-organised with the Department of International Development at LSE, was a discussion with Professor Naila Kabeer and Professor Ragui Assaad based on their co-authored report 'Women's Access to Market Opportunities in South Asia and the Middle East and North Africa: Barriers, Opportunities and Policy Challenges'. Despite this paper being written in 2019, the situation of women's access to market opportunities in MENA and South Asia remains a challenge. Kabeer and Assaad will reflect on their findings and discuss the puzzles and paradoxes of women's employment in these regions, which have the lowest rates of women's labour force participation in the world. The conversation will also explore how to unlock the potential of women in these communities. Meet our speakers and chair Naila Kabeer is Emeritus Professor of Gender and Development in the Department of International Development at LSE. Naila is also a Faculty Associate at LSE's International Inequalities Institute and on the governing board of the Atlantic Fellowship for Social and Economic Equity. Her most recent projects were supported by ERSC-DIFD Funded Research on 'Poverty Alleviation: Gender and Labour Market dynamics in Bangladesh and West Bengal'. Ragui Assaad is the Freeman Chair in International Economic Policy at the Hubert H. Humphrey School of Public Affairs, University of Minnesota. He researches education, labor policy, and labor market analysis in developing countries with a focus on the Middle East and North Africa. His current work focuses on inequality of opportunity in education, labor markets, transitions from school-to-work, employment and unemployment dynamics, family formation, informality, labor market responses to economic shocks, international migration, including the effects of forced migration.

What are the labour market experiences of foreign-born workers? How do systemic issues allow poor practices to persist? What are the wider implications for the UK labour market? And how can policy – including the measures in the upcoming Employment Rights Bill – better protect workers?

Another volatile week in global markets. The team breaks down the four reasons why President Trump is pursuing tariffs and the impact on Australia. Stephen Wu and Belinda Allen also discuss the latest CBA Household Spending Indicator for March and how rising global uncertainty could be a headwind for the predicted consumer recovery. Finally it is labour force week and after a soft print in February we preview what we expect to happen.   ------ DISCLAIMER ------  Important Information    This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).   Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.   No Reliance   Information in this podcast is of a general nature only. It does not take into account your objectives, financial situation or needs and does not constitute personal financial advice. This podcast provides general market-related information and is not investment research and nor does it purport to make any recommendations. The information contained in this podcast is solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or other financial products. It does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual clients. Where ‘CBA Data' is cited, this refers to the Bank proprietary data that is sourced from the Bank's internal systems and may include, but not be limited to, home loan data, credit card transaction data, merchant facility transaction data and applications for credit. The data used in the ‘CommBank Household Spending Insights' series is a combination of the CBA Data and publicly available ABS, CoreLogic and RBA data. As analysis is based on Bank customer transactions, it may not reflect all trends in the market. All customer data used or represented in this podcast is anonymised before analysis and is used, and disclosed, in accordance with the Group Privacy Statement. The Bank believes that the information in this podcast is correct, and any opinions, conclusions or recommendations made are reasonably held and are based on the information available at the time of its compilation. The Bank makes no representation or warranty, either expressed or implied, as to the accuracy, reliability or completeness of any statement made.  Liability Disclaimer   The Bank does not accept any liability for any loss or damage arising out of any error or omission in or from the information provided or arising out of the use of all or part of the podcast.  

Understanding today's complex labor market requires accurate data rather than just following headlines or anecdotes. For businesses and talent professionals, having reliable insights into hiring trends, wage movements, and worker expectations is essential for making informed decisions in these uncertain times. My guest this week is Jack Kennedy, Senior Economist at Indeed; drawing from Indeed's real-time analysis of millions of job postings, CVs, and marketplace behaviors, Indeed Hiring Lab's research provides a unique window into what's happening in the job market. We're focusing on the UK market in this conversation, but Jack does provide some broader global insights and highlights the many global commonalities when it comes to worker motivations, aging populations, and the impact of AI In the interview, we discuss: The state of the UK labour market in early 2025 How geopolitical issues are impacting hiring trends globally The surprising resilience of wages despite market cooling Primary motivators for job seekers in today's market The truth about remote and hybrid work trends versus media narratives How AI is already reshaping employment and creating new opportunities A growing focus on neurodiversity in job postings Preparing for demographic challenges and an aging workforce The Labour market outlook for the next 12-18 months Follow this podcast on Spotify Follow this podcast on Apple Podcasts.

Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news the all bets are probably off on how 2025 will turn out as the cascading impacts from the Trump tariffs surge around the world.We were anticipating we would be reporting some tariff retaliation news today, and there is some. But the most significant retaliation is from financial markets. It is comprehensive.So far there are no substantive retaliations announced, only threats to do so from China, Japan, South Korea, and the EU. But Canada has hit some US cars with a matching 25% tariff. Some countries - like New Zealand and Australia - have said they won't retaliate, but they tend to be the ones who only got slapped with a 10% rate on their exports. For them it is wise to see how much will be effectively paid by US consumers, and in NZ's case it will likely be most of it. Most of the impact on us will come from second-effect reactions in other trading partners.Perhaps most galling were the 32% tariffs Trump slapped on Taiwan.Back to the economic data releases, US jobless claims were unchanged last week from the week before and only marginally higher than year-ago levels. There are now 2.07 mln people on these benefits, about +7% above year-ago levels. But that is their highest since November 2021.There was a surge in job cuts reported in March, by far the highest since the early pandemic reaction. Although most are public service cuts, it seems unlikely they will be the only ones in the months ahead.The employment component of today's ISM services PMI was unusually weak, and the overall index tumbled to its weakest since July 2024. It was barely expanding in March. The internationally-benchmarked S&P Global/Markit version had its big drop in February, and the latest March version records a small bump up from then. But it reported cost inflation up to an 18-month high.Attention now turns to tomorrow's March non-farm payrolls where a most rise of +135,000 is anticipated.US exports rose in March as part of the repositioning in anticipation of tariffs and retaliation. But an interesting detail is that of the +US$8.3 bln rise to US$278.5 bln for the month, US$3.2 bln of that was the export on gold. US imports held very high for a second month at record levels. (Imports of gold decreased -US$1.3 bln. The market chatter was that gold was flowing into the US, especially from London. Apparently that was just rumour.)Across the Pacific in China, the Caixin services PMI rose in March and to its best level of the year. This was notably stronger than the official services PMI. New orders rose the most in three months, driven by increases in domestic demand, supported by a broad improvement in demand conditions. We see that in improved Chinese buying in the dairy auction.Australia is reporting sharp drops in job vacancies. The latest data is for February, and the levels reported are almost -10% lower than year ago levels, down for that -5% in the prior 90 days alone. Almost all the decreases are in the private sector.Container freight rates slipped -2% last week from the week before, to be -26% lower than year ago levels. However they are still +55% higher than pre-pandemic levels.Bulk freight rates fell -2.5% from last week to be -8% below year-ago levels. Basically, these rates are back to pre-pandemic levels.The UST 10yr yield is now at 4.04%, down -17 bps from yesterday at this time. The VIX volatility index has jumped suddenly, although not yet to an extreme level.Wall Street is in its Thursday session down -4.3% on the S&P500 after the tariff announcements and showing no signs of improving. The price of gold will start today at just on US$3108/oz and down a net -US$24 from yesterday.Oil prices have dropped -US$5 from yesterday at just on US$66.50/bbl in the US and the international Brent price is now just under US$69/bbl. Not only is demand expected to soften as tariffs take their toll, eight OPEC+ countries unexpectedly announced a +411,000-barrel-per-day production increase for May, far exceeding the planned +135,000 bpd. It seems an incredibly naive announcement from their self-interest point of viewThe Kiwi dollar is now at 58.1 USc and up +80 bps from this time yesterday. That is a +1.8% appreciation since the start of the week and a +3.8% appreciation since the start of March. Against the Aussie we are up +40 bps at 91.5 AUc. Against the euro we are down -20 bps at just over 52.6 euro cents. That all means our TWI-5 starts today now just on 67 and up +20 bps.The bitcoin price starts today at US$82,172 and down a sharpish -5.8% from this time yesterday. Volatility over the past 24 hours has been very high at +/- 4.1%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again on Monday.

Understanding today's complex labor market requires accurate data rather than just following headlines or anecdotes. For businesses and talent professionals, having reliable insights into hiring trends, wage movements, and worker expectations is essential for making informed decisions in these uncertain times. My guest this week is Jack Kennedy, Senior Economist at Indeed; drawing from Indeed's real-time analysis of millions of job postings, CVs, and marketplace behaviors, Indeed Hiring Lab's research provides a unique window into what's happening in the job market. We're focusing on the UK market in this conversation, but Jack does provide some broader global insights and highlights the many global commonalities when it comes to worker motivations, aging populations, and the impact of AI In the interview, we discuss: The state of the UK labour market in early 2025 How geopolitical issues are impacting hiring trends globally The surprising resilience of wages despite market cooling Primary motivators for job seekers in today's market The truth about remote and hybrid work trends versus media narratives How AI is already reshaping employment and creating new opportunities A growing focus on neurodiversity in job postings Preparing for demographic challenges and an aging workforce The Labour market outlook for the next 12-18 months Follow this podcast on Spotify Follow this podcast on Apple Podcasts.

Understanding today's complex labor market requires accurate data rather than just following headlines or anecdotes. For businesses and talent professionals, having reliable insights into hiring trends, wage movements, and worker expectations is essential for making informed decisions in these uncertain times. My guest this week is Jack Kennedy, Senior Economist at Indeed; drawing from Indeed's real-time analysis of millions of job postings, CVs, and marketplace behaviors, Indeed Hiring Lab's research provides a unique window into what's happening in the job market. We're focusing on the UK market in this conversation, but Jack does provide some broader global insights and highlights the many global commonalities when it comes to worker motivations, aging populations, and the impact of AI In the interview, we discuss: The state of the UK labour market in early 2025 How geopolitical issues are impacting hiring trends globally The surprising resilience of wages despite market cooling Primary motivators for job seekers in today's market The truth about remote and hybrid work trends versus media narratives How AI is already reshaping employment and creating new opportunities A growing focus on neurodiversity in job postings Preparing for demographic challenges and an aging workforce The Labour market outlook for the next 12-18 months Follow this podcast on Spotify Follow this podcast on Apple Podcasts.

Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news the Trump tariff announcement will be just after 4pm New York time today when Wall Street closes. That is 9am New Zealand time. After that, it will be all about the size and nature of the retaliation from its former allies.In the meantime we should note that American vehicle sales surged in March as buyers rushed to get pre-tariff-cost vehicles. March's sales ran at a 17.7 mln annualised rate, the highest since October 2017 (if we ignore a pandemic-affected spike). Bringing forward purchases like this doesn't augur well for subsequent months. Not included in this surge were Tesla sales which fell -13% in the quarter, largely attributed to the anti-Musk factor. Production far exceeded sales which were at their lowest since 2022, and that was after "model changeover" production cutbacks. (Also not doing so well are the shares in Truth Social, which are down -44% so far this year.)US mortgage applications decreased last week from the prior week but are now +9% higher than the low year-ago levels. Refinance activity fell and purchase activity rose. This is the third straight week of overall declines. Benchmark mortgage interest rates changed little over the past week.US factory orders rose in February from January - marginally, but remain -0.5% lower than year-ago levels.This weekend we get the American non-farm payrolls data for March and a modest rise of +128,000 jobs is anticipated. In advance of that, the ADP Employment Report out today said private payrolls rose +155,000 in March which was better than expected. Although low by historical standards, this is a 'good' result.After two strong months, the US Logistics index fell back and quite sharply to a level they last had in August 2024. Every aspect except warehouse capacity slowed.In India, they recorded a notable rise in their factory PMI. New order growth strengthened despite softer a softer rise in exports. This PMI result was their best since June 2024.In the ASEAN countries, their March PMIs together painted a picture of a modest expansion even if it did slip in March from February. Price pressures eased, and sentiment remains solid. Malaysia was perhaps one of the weaker performers in this group.The UST 10yr yield is now at 4.21%, up +5 bps from yesterday at this time.The price of gold will start today at just on US$3132/oz and up a net +US$25 from yesterday and still just off its all-time high.Oil prices are little-changed from yesterday at just under US$71.50/bbl in the US and the international Brent price is now just under US$75/bbl.The Kiwi dollar is now at 57.3 USc and up +40 bps from this time yesterday. Against the Aussie we are up +30 bps at 91.1 AUc. Against the euro we are up +10 bps at just over 52.8 euro cents. That all means our TWI-5 starts today now just under 66.8 and up +30 bps.The bitcoin price starts today at US$87,214 and up another +2.5% from this time yesterday. Volatility over the past 24 hours has been rising but still modest at +/- 1.9%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Confidence in the labour market is shrinking, according to new reports. The Westpac-McDermott Miller index shows employment confidence has reached its lowest level since mid-Covid - in September 2020. It fell in 4 out of 11 regions - including the biggest jobs market - Auckland. Westpac senior economist, Michael Gordon, says businesses are advertising fewer jobs. He explained some are just looking for more specialist roles and others are overstaffed after keeping workers through the downturn. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Confidence in the labour market is shrinking, according to new reports. The Westpac-McDermott Miller index shows employment confidence has reached its lowest level since mid-Covid - in September 2020. It fell in 4 out of 11 regions - including the biggest jobs market - Auckland. Westpac senior economist, Michael Gordon, says businesses are advertising fewer jobs. He explained some are just looking for more specialist roles and others are overstaffed after keeping workers through the downturn. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news we are slipping in the Happiness rankings, and slipping fast in the inequality measures within it.But first, last week's American initial jobless claims report brought no surprises, coming it at a similar level to the prior week and exactly as anticipated. But they season factors suggested they should have decreased a bit more than they did. There are now 2.13 mln people on these benefits, +6 more than year-ago levels.There were a lot more existing homes sold in the US (excludes new-built homes) in February that either in January or than were expected. But they were still at a lower level that a year ago, and the volume of listings rose +5.1% from a year ago.The latest regional Fed factory survey was from the Philly Fed and its rust-belt region, and while it remained positive, most markers declines in March. New order level declines were part of that.And that is consistent with the Conference Board's latest update of American leading indicators, which declined in February.Across the border in Canada, and perhaps somewhat surprisingly, producer prices rose +4.9% in February from a year ago, an easing of the price pressure from January. But it is still the second fasted rise on this basis since the end of 2022. Raw material cost increases are keeping this measure up.And staying in Canada, their central bank boss signaled a policy change overnight in light of the economic impacts from US tariff threats; rather than setting policy on a median term outlook, the ime may have come for faster, more nimble responses to short-term pressures, he suggested.China kept its Loan Prime Rates unchanged at today's review with the one-year rate, a benchmark for most corporate and household loans, steady at 3.1%, while the five-year, a reference for property mortgages, holding at 3.6%. Both rates are record lows.Taiwanese export orders starred again in February. They soared by +31% from a year ago to US$49.5 bln, easily beating market expectations of +22% growth and rebounding sharply from a small January slip. You can see why the mainland government covets the independent offshore island.German producer prices rose only modestly again, a trend they have been in for four months now after exiting deflation over the past 17 months.The English central bank left its policy rate unchanged at 4.5% at their overnight meeting. This was as expected.In Australia, their February labour market data was a surprise disappointment - for the ruling Labor Party at least. The number of people in paid employment fell by -53,000 when a +30,000 rise was widely expected. This is not a small miss, and 'unwelcome' ahead of their upcoming election campaign. But the number of people jobless also fell, and by -11,300, which managed to keep their jobless rate unchanged at 4.1%. The reason both fell is because their participation rate fell to a nine-month low of 66.8%, down sharply from January's 67.2%. People are leaving their workforce faster than usual, many of them boomers. Monthly hours worked in all jobs shrank. Financial markets didn't react badly because it probably will shift the RBA away from worrying about 'tight labour markets' and open up the possibility of rate cuts.Global container freight rates fell another -4% last week to be -31% lower than year-ago levels. But they are still +59% higher than pre-pandemic levels, even though the down trend is gathering pace. Again it is lower rates on outbound cargoes from China to the US that is driving the decline. Bulk cargo rates however were +3.6% higher than week-ago levels, -17% lower than year-ago levels, but still +60% above pre-pandemic levels (which were unusually low, it must be said).In another global report, New Zealand is virtually tied with Australia as the 12th happiest country in the 2024 edition of the World happiness Report released overnight. The usual Scandinavian set is at the top, with Costa Rica, but oddly, both Israel and Mexico now rank higher than us, which seems a little odd. Neither Australia nor New Zealand rank well on the inequality measures.The UST 10yr yield is now at 4.24%, down -4 bps from yesterday at this time. The price of gold will start today at just on US$3038/oz and up a net +US$5 from yesterday.Oil prices are up another +50 USc from yesterday at just on US$68/bbl in the US and the international Brent price is at just on US$72/bbl.The Kiwi dollar is now at 57.5 USc and down -40 bps from this time yesterday in a continuing retreat. Against the Aussie we are down -10 bps at 91.3 AUc. Against the euro we are down -20 bps at 53 euro cents. That all means our TWI-5 starts today just on 66.8, and -40 bps lower.The bitcoin price starts today at US$83,747 and down -1.0% from this time yesterday. Volatility over the past 24 hours has again been moderate at +/- 2.2%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again on Monday.

Send us a textChristopher Balkaran dives into Canada's Temporary Foreign Worker Program with Professor Jason Foster from Athabasca University. We explore the realities of migrant labor, the economic dependency on foreign workers, and the impact on Canadian workers. Is the program a necessary economic tool, or has it become a permanent fixture in our labor market? Join us for a deep dive into the policies, challenges, and future of Canada's labor force.

A quieter week locally but Belinda Allen and Harry Ottley deep dive into the CommBank Househould Spending Insights for February as well as the latest business and consumer surveys. Labour market data is up next and they also discuss the aluminium and steel tariffs imposed on Australia by the US.   ------ DISCLAIMER ------  Important Information    This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).   Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.   No Reliance   Information in this podcast is of a general nature only. It does not take into account your objectives, financial situation or needs and does not constitute personal financial advice. This podcast provides general market-related information and is not investment research and nor does it purport to make any recommendations. The information contained in this podcast is solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or other financial products. It does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual clients. Where ‘CBA Data' is cited, this refers to the Bank proprietary data that is sourced from the Bank's internal systems and may include, but not be limited to, home loan data, credit card transaction data, merchant facility transaction data and applications for credit. The data used in the ‘CommBank Household Spending Insights' series is a combination of the CBA Data and publicly available ABS, CoreLogic and RBA data. As analysis is based on Bank customer transactions, it may not reflect all trends in the market. All customer data used or represented in this podcast is anonymised before analysis and is used, and disclosed, in accordance with the Group Privacy Statement. The Bank believes that the information in this podcast is correct, and any opinions, conclusions or recommendations made are reasonably held and are based on the information available at the time of its compilation. The Bank makes no representation or warranty, either expressed or implied, as to the accuracy, reliability or completeness of any statement made.  Liability Disclaimer   The Bank does not accept any liability for any loss or damage arising out of any error or omission in or from the information provided or arising out of the use of all or part of the podcast.

Singapore stocks were lower as all eyes remained on escalating trade tensions in the region. That’s after Beijing’s retaliatory tariffs on certain US farm goods took effect today. The Straits Times Index was down 0.17% at 3,908.01 points at 12.20pm, with a value turnover of S$526.29M in the broader market. In terms of companies to watch, we have Hongkong Land, after the property developer on Friday posted an underlying profit of US$410 million for the financial year ended Dec 31, 2024, down 44 per cent from the level seen a year ago. Elsewhere, from how Asian markets reacted to China’s retaliatory tariffs on US farm goods, to oil prices declining on the back of concerns over US import tariffs – more international headlines remain in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.

Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news US policy making has now become so chaotic, businesses are holding off making decisions. That can only have negative consequences.Firstly, US jobless claims rose modestly last week from the week before but this was less than seasonal factors would have suggested. There are now 2.23 mln people on these benefits and back up near the October 2021 levels. The current consensus forecasts for tomorrow's release of the February non-farm payrolls is a rise of 160,000.But there might be some downside, if not in tomorrow's data, in the following set. The level of announced job cuts in February jumped to pandemic levels, and prior to that, to GFC levels. The Musk razor gang is getting some of the blame.The January American trade balance of both goods and services came in double the deficit of a year ago and an all-time record. Tariff policies have driven the change. For the year to January, their total trade deficit was -US$982 bln with a real surge from September to January and blowing it out to -3.4% of US GDP and a record high.Overnight the US announced delays on tariffs against Mexico. It is a never ending series of confusing 'definite' signals, none of which inspire confidence or allow for orderly business decision making. With Mexico, the situation has turned on its head in just four days. With Canada, Trump is ignoring what his Commerce Secretary said just one day ago, and US carmakers are in a real bind now.US wholesale inventories rose in January and their inventory to sales ratio rose too, ending a long period of improvement.Folding this data in gives the latest reading of Atlanta Fed GDPNow forecast for American Q1-2025 performance is now a -2.4% decline. Apart from the pandemic they won't have seen anything quite this dramatic since the GFC.Since its peak in December, the Tesla share price is continuing its fall, and it is only notable today because the value loss now exceeds -US$660 bln in that period. In NZD that is -$1.15 tln! That price is down another -5.6% so far today and filings show Tesla insiders are now selling.Going the other way, Canada's exports and their trade balance came in sharply positive. Exports were up +20% in January from a year ago and their trade surplus was its best since a brief spike in May 2022, and prior to that, best ever.The Malaysian central bank held its key interest rate at 3% for the tenth consecutive review during its overnight meeting, and that was in line with market expectations.In China, nothing meaningful or unexpected has come from their National People's Congress meetings.In Europe, the ECB cut its three key interest rates by 25 basis points, as expected, reducing the main refinancing rate to 2.65%. It was their sixth cut since the peak in September 2023 of 4.5%. Economic growth forecasts were revised downward to +0.9% for 2025 and +1.2% for 2026, reflecting weak exports and investment.EU retail sales volumes fell -1.6% in January from the same month a year ago.In Australia, tropical cyclone Alfred has slowed its move toward the Brisbane coast but is still generating damage and will do for longer, even if it actually losing some of its destructive power. Tens of thousands of people are without power now.Container freight rates fell another -3% last week from the week before to be -30% lower than year ago levels and now 'only' +76% above pre-pandemic levels. Bulk freight rates were up +13% in the week however but down -36% from a year ago.Today the UST 10yr yield is now at 4.29%, up +1 bp from yesterday.The price of gold will start today at just over US$2917/oz and little-changed from yesterday.Oil prices are down -50 USc to under US$66/bbl in the US and the international Brent price is just under US$69/bbl. Lower expected demand expectations are the reason.The Kiwi dollar is now at 57.5 USc and up +50 bps from yesterday. Against the Aussie however we are up +10 bps at 90.5 AUc. Against the euro we are down another -20 bps at 53.1 euro cents. That all means our TWI-5 starts today just over 66.7, and up +10 bps from yesterday.The bitcoin price started today at US$90,265 and up a net +0.3% from this time yesterday. Volatility over the past 24 hours has been moderate at +/- 2.5%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again on Monday.

Weekly Property Market Update - with Australia's leading Independent Chief Economist Dr Andrew Wilson of My Housing Market and Infinity's Chad Williams.Discover Our New Tool: What's My Rental Home Yield?Money Mentor YouTube Channel:    / @moneymentorau  Link to Dr Andrew Wilson's LinkedIn: linkedin.com/in/dr-andrew-wilson-79b70058/ If you enjoyed our Podcast, make sure you hit the FOLLOW button to stay up to date with the latest episodes.See you next week :) -------------------- If you enjoyed this video, make sure to hit SUBSCRIBE above and for more great content. Check out my other social pages below: Facebook -   / moneymentorau   Instagram -   / graeme_holm   TikTok -   / therealmoneymentor   Linked In -   / graeme-holm   -------------------- Purchase The Money Mentor: How to Pay Off Your Mortgage in as Little as 7 Years Without Becoming a Hermit on Amazon: https://amzn.to/3gbHyQ3 Contact Graeme & the Infinity Group Australia team: https://infinity.com.au/ -------------------- #MoneyMentor #InfinityGroupAustralia #FinanceBroker #Education #Business #Growth #Mindset #WilsonWeekly #Podcast #PropertyUpdate #InterestRates

Times are tough; is there an alternative to headcount reductions and hiring freezes? With redundancy intentions at their highest level in a decade, how can HR professionals manage the mental load of implementing redundancies and can there ever be a ‘best' way to deliver news about job losses? Finally, is there such a thing as a ‘mini-retirement'? In this episode CIPD Director of Profession David D'Souza is joined by Mel Steel, former HR director and interim people and transformation leader; and David Blackburn, Managing Director of David R. Blackburn Consulting. Recorded: 21 February 2025 --- CIPD HR30 Nominations Time to recognise excellence in HR! The CIPD HR30 celebrates the top 30 HR leaders driving innovation, shaping workplace culture and making real impact. Do you know someone who's making a difference, leading change and driving the profession forward? This is your chance to highlight their achievements and contribution. Visit cipdhr30.co.uk before 26 March to find out more and submit your nomination.

Listen to the top News of 20/02/2025 from Australia in Hindi.

Carol Kong and Kristina Clifton discuss the top influences affecting currency markets this week, including US tariffs, the Bank of England's policy meeting and New Zealand's Q4 24 labour market data.    Disclaimer:    Important Information   This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).  Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.   No Reliance  This podcast is not investment research and nor does it purport to make any recommendations. Rather, this podcast is for informational purposes only and is not to be relied upon for any investment purposes.  This podcast does not take into account your objectives, financial situation or needs. It is not to be construed as a solicitation or an offer to buy or sell any securities or other financial products, or as a recommendation, and/or investment advice. You should not act on the information in this podcast.   The Bank believes that the information in this podcast is correct and any opinions, conclusions or recommendations made are reasonably held at the time given, and are based on the information available at the time of its compilation. No representation or warranty, either expressed or implied, is made or provided as to accuracy, reliability or completeness of any statement made.  Liability Disclaimer  The Bank does not accept any liability for any loss or damage arising out of any error or omission in or from the information provided or arising out of the use of all or part of the podcast.  

Ukraine humanitarian and refugee response plan launchEconomic recovery is not contributing enough to jobs or wages: ILORecovery underway in Mozambique after two storms hit in a month, says OCHA

Welcome back to "Inside Deutschland: Your Guide to Careers in Germany" - Season 2! This podcast is your source for all the information you need to succeed in Germany, wherever you are on your journey.

IDA Ireland, in collaboration with Microsoft and LinkedIn, has published the latest in its Labour Market Pulse report series, which provides insights and trends from the Irish labour market to help inform decision-makers across business, academia and public policy. As the global economy pivots toward sustainable practices, Ireland has the potential to become a leader in this transition, thanks to its ambitious climate goals, desire to attract more green-focused Foreign Direct Investment (FDI), and growing demand for specialised green skills across industries. With LinkedIn data revealing that the percentage of job postings requiring green skills in Ireland is one of the highest internationally, with one in eight (12.4%) Irish jobs now requiring at least one green skill, this Labour Market Pulse encourages all citizens, businesses, and educators to embrace and invest in green skills development to prepare for Ireland's low-carbon future. The global demand for green skills is rapidly outpacing supply, with estimates indicating that by 2050 twice as many jobs will require green expertise than there will be people qualified to fill them. LinkedIn data saw demand for green talent grow by over 22.1% last year - well above the global average of 11.6% - demonstrating a strong and immediate need to upskill the workforce to keep up with the demands of the green economy. This trend has been evident for an extended period now with LinkedIn's analysis also highlighting that demand for green skills in Ireland grew at twice the rate of the rest of the world - 11.9% vs 6% - between 2021-2024. Furthermore, it green talent has become highly attractive to employers, as job seekers in Ireland with green skills or titles achieve a 79.8% higher hiring rate than the workforce overall. Ireland's Climate Action Plan 2024 has locked critical sustainability targets into legislation, mandating that by 2030 80% of the nation's electricity will come from renewable sources. To support these goals, IDA Ireland has facilitated over 50 green investments, fostering a diverse ecosystem of innovation. From wind turbine technologies to AI-driven energy distribution, companies are investing in Ireland's sustainable future, creating new jobs in green sectors. Green skills are most concentrated in industries like Utilities, Construction, and Manufacturing, with skills such as Environmental Impact Assessment and Operational Efficiency among the fastest growing in demand. However, the need for skills in areas like sustainable supply chain management, pollution prevention, and renewable energy is spreading rapidly to other industries, such as professional services, financial services, and technology. To support this need Skillnet Ireland's Ireland Talent Landscape 2024 report highlights that over 59% of businesses see upskilling in sustainability as critical to their future success. Green skills development is not only vital for environmental goals but also serves as a key driver for economic growth, innovation, and job creation. Michael Lohan, CEO, IDA Ireland said: ''I welcome the data insights which show that the green economy is a rapidly growing sector, with demand for green talent increasing by 11.6% from 2023 to 2024. Sustainability is a key focus in IDA's strategy, and we are committed to helping multinationals in Ireland achieve their sustainability goals. IDA have facilitated 50 green investments so far, and we are looking forward to continuing that progress.'' Commenting on the Labour Market Pulse, James O'Connor, Microsoft Ireland Site Lead and Corporate Vice President of Microsoft Global Operations Service Center, said: "As Ireland advances on its sustainability journey, it is important that every community, business and individual has the right capabilities to support the green transition. Published today, the Labour Market Pulse highlights the need for greater investment in green skills across key industries to accelerate a zero-carbon future for Irela...

Chris Holdsworth provides a summary of the output of Investec's recent Global Investment Strategy Group meeting, in which the risk score was left unchanged ay -1. He discusses the latest US growth and inflation numbers, as well as South African trade and income indicators. Investec Focus Radio SA

In this week's episode Kristina Clifton and Joseph Capurso discuss the top influences on currency markets this week, including US labour market data, Australian GDP and political uncertainty in France.    Disclaimer:    Important Information   This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).  Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.   No Reliance  This podcast is not investment research and nor does it purport to make any recommendations. Rather, this podcast is for informational purposes only and is not to be relied upon for any investment purposes.  This podcast does not take into account your objectives, financial situation or needs. It is not to be construed as a solicitation or an offer to buy or sell any securities or other financial products, or as a recommendation, and/or investment advice. You should not act on the information in this podcast.   The Bank believes that the information in this podcast is correct and any opinions, conclusions or recommendations made are reasonably held at the time given, and are based on the information available at the time of its compilation. No representation or warranty, either expressed or implied, is made or provided as to accuracy, reliability or completeness of any statement made.  Liability Disclaimer  The Bank does not accept any liability for any loss or damage arising out of any error or omission in or from the information provided, or arising out of the use of all or part of the podcast.  

This week on the podcast the sector's financial woes continue - just how bad is it and are regulators on top of the problem? Plus there's a new report out on subject cold spots, and student housing is back in the news.With Gavan Conlon, leader of the Education and Labour Market teams at London Economics, Sally Burtonshaw, Director of the Education Practice at Public First, James Coe, Associate Editor at Wonkhe, Mike Ratcliffe, Academic Registrar at City St George's University of London, and presented by Mark Leach, Editor-in-Chief at Wonkhe.Do we need a league table of scholars produced by Silicon Valley?There are cold spots in arts, humanities, and social sciences provisionIs it reasonable to expect higher education institutions to be more business-like?Governing bodies need to prepare and plan now for a different futureVAT is not always the barrier to shared services that it is thought to beUniversities need a plan to manage future HE provision. So does the governmentThe regulator does not have a handle on the financial state of English higher education Hosted on Acast. See acast.com/privacy for more information.

This week on the Dismal Science, Mark and Raph take a look at the latest Australian labour market figures and what it means for Mark's increasingly shaky call for a February rate cut. Is the RBA being too pessimistic about what the unemployment rate associated with full employment needs to be? Plus, the Dismal Science takes a metaphorical visit to Baku for COP 29 and finds “upside-down geopolitics” at play. And will President Trump's reelection derail the action items out of COP29? Read more from Mark on the AICD website: https://www.aicd.com.au/news-media/economic-weekly.html Send feedback to: podcasts@aicd.com.au

This week on TaPod, we have a real gift for you! In conjunction with Nadine O'Regan from TQ Solutions we speak with Bjorn Jarvis – Head of Labour Statistics from the Australian Bureau of Statistics. We go straight to the source for up-to-date data and trends for unemployment, immigration, inflation and how it impacts the labour market, wage growth, productivity and predictions over the next 12 months. It is an absolutely fascinating discussion based on real data and commentary. If you want to be the smartest person in the office, this is the podcast for you!Thanks to TQ Solutions for working with us on this special episode.  

A series of scandals involving babies and mothers being harmed in hospital have shaken some people's confidence in NHS maternity care. As a result, many women are looking for alternatives when they give birth. Some are seeking help from outside of the NHS; including paying independent midwives, and even ‘freebirthing', where they receive no medical support at all. But how safe is this, and is more regulation needed? Presenters: Rachel Stonehouse and Matthew Hill Producer: Fergus Hewison Production co-ordinator: Tim Fernley Technical producer: Richard Hannaford Editor: Carl Johnson

In this week's Podcast, Senior Economist Belinda Allen and Economist Harry Ottley from the Aussie economics team break down a wild week in world politics, markets, and the local economic news flow. They discuss if we have changed our view on the Australian economy based on the US election result, as well as the RBA Board's decision to leave the cash rate on hold last week. Finally, they preview an important week for the Australian labour market with the October labour force survey and Q3 2024 Wage Price Index (WPI) both due.   ------ DISCLAIMER ------ Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR) disclaimers which can be found at www.commbankresearch.com.au. Information in this podcast is of a general nature only. It does not take into account your objectives, financial situation or needs and does not constitute personal financial advice. This podcast provides general market-related information, and is not investment research and nor does it purport to make any recommendations. The information contained in this podcast is approved and distributed by Global Economic & Markets Research (GEMR), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”). The information is solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or other financial products. It does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual clients. Where ‘CBA data' is cited, this refers to the Bank proprietary data that is sourced from the Bank's internal systems and may include, but not be limited to, home loan data, credit card transaction data, merchant facility transaction data and applications for credit. As analysis is based on CBA customer transactions,  it may not reflect all trends in the market. All customer data used or represented in this podcast is anonymised before analysis and is used, and disclosed, in accordance with the Group's Privacy Policy Statement. The Bank believes that the information in this podcast is correct and any opinions, conclusions or recommendations are reasonably held based on the information available at the time of its compilation but no representation or warranty, either expressed or implied, is made or provided as to accuracy, reliability or completeness of any statement made.  

Send us a question/idea/opinion direct via text message!After a quick run through the release of the CoreLogic First Home Buyer Report for Q3, Nick and Kelvin ponder the potential impact of the US election result and Donald Trump's return to the Whitehouse.Then, there's the relatively inconsequential (to RBNZ's liking) Financial Stability Report to digest as well as the important official Labour Market statistics for Q3, which were better than expected on the surface but a bit of devil in the detail to be mindful of. There were also some very interesting changes in the terms being chosen by mortgage holders in September to analyse. Plus, how about those All Blacks?!Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz

GUEST: Jasroop Ghosal, Interim Spokesperson and Policy & Research Manager with the Surrey Board of Trade Learn more about your ad choices. Visit megaphone.fm/adchoices

See omnystudio.com/listener for privacy information.

America launched strikes against 15 Houthi targets in Yemen, targeting what America said were “offensive military capabilities”

Guest: Frida Grundhal, Project Co-ordinator, Yalla Trappan. In this edition of OECD Podcasts, Katrina Baker and Shayne MacLachlan are Joined by Frida Grundahl from Yalla Trappen; a groundbreaking social enterprise dedicated to creating job opportunities and fostering financial independence for Sweden's foreign-born women. Statistically, foreign-born women are said to be one of the most distant from the labour market and Yalla Trappen is working to empower these women by giving them an opportunity to break down their social isolation, and to help them stand on their own two feet financially. In their conversation, Shayne and Frida discuss examples of Yalla Trappen's work and strategies, the struggles of establishing a non-profit in a competitive environment and how Yalla Trappen has partnered with business and local government to crack policy challenges regarding foreign-born women and getting them meaningful employment. For more on OECD Local Development https://www.oecd.org/en/topics/sub-issues/local-development.html

August employment data show a labour market that is continuing to cool, but not at an alarming rate. The three Federal Reserve officials spoke last week all hinted the impending rate cut cycle could be an aggressive one. But the futures market is still pricing a higher chance of a 25 basis point cut than a 50 basis point one at next week's meeting. Most political analysts expect Vice President Harris to fare less well than former President Trump in this week's debate, so there is more upside for her. But for the first time, renowned political statistician Nate Silver's Electoral College model puts Trump ahead of Harris.

US job growth was weaker than expected last month, with only 142,000 new jobs added. Is a recession imminent, and how might the Federal Reserve react? Also, Boeing's Starliner space shuttle will return to Earth soon, but not with its intended passengers. What happened, and what does it mean for commercial space travel?Plus, the Biden Administration is tackling the issue of difficult subscription cancellations—what are their proposed solutions?

For a solid couple of years, as the economy recovered from the pandemic, the narrative when discussing labour in this country was that the market was "tight" or there was a "labour shortage". Unemployment approached record lows, and companies were scrambling to hire and keep talent.Some of that was true. But not everywhere, and it wasn't the whole story. And also, however tight the labour market was ... it isn't anymore. Beyond the top-line unemployment number, there were always signs that workers weren't actually benefitting all that much from how in-demand they were. So why could most of us see them?GUEST: Adam D.K. King, Assistant Professor in the Labour Studies Program at the University of Manitoba; writing on unemployment in The Maple We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:Through email at hello@thebigstorypodcast.ca Or by calling 416-935-5935 and leaving us a voicemailOr @thebigstoryfpn on Twitter

I am thrilled about this episode in the ongoing Process This series on Artificial Intelligence. In this episode, my series co-host and author of God-Like: A 500-Year History of Artificial Intelligence in Myths, Machines, Monsters, Kester Brewin, is joined by Nobel Prize-winning economist Professor Sir Christopher Pissarides. Reflecting on his career and insights, Pissarides discusses the historical and future impacts of technological changes on labor markets. He offers an optimistic yet cautious view on AI, emphasizing the importance of communication, strategic regulation, and the complementary use of AI to enhance human work. The conversation also explores the role of stakeholder economies, the need for better communication of economic impacts, and strategies for mitigating potential disruptions caused by AI. Pissarides concludes with thoughts on the necessity of collaboration among government, employers, and technologists to navigate the future of work effectively. WATCH the conversation on YouTube _____________________ Join my Substack - Process This! Join our upcoming class - THE RISE OF BONHOEFFER, for a guided tour of Bonhoeffer's life and thought. Come to THEOLOGY BEER CAMP. Follow the podcast, drop a review, send feedback/questions or become a member of the HBC Community. Learn more about your ad choices. Visit megaphone.fm/adchoices

Three weeks ago, there were concerns of a new Black Monday, similar to the one in 1987. Today, global equities have reached a new high. Federal Reserve Chairman Jerome Powell's speech at Jackson Hole focused on the labour market, where he said that the cooling is unmistakable. However, the Challenger Report showed only 26,000 job cuts in July, much lower than the 20-year average of 63,000 per month. A closer look at the rise in unemployment shows that much of it is coming from new entrants to the labour force who have not yet found jobs, leaving them still in the ranks of the unemployed. This episode is presented by Mark Matthews, Head of Research Asia at Julius Baer.

This week, Derek Halpenny  Head of Research Global Markets EMEA & International Securities discusses with Seiko Kataoka-Fisher Head of JC FX Sales, the initial market reaction to the Jackson Hole speech by Fed Chair Powell. The speech highlighted a new Fed focus on downside labour market risks. After this week's Democratic National Convention in Chicago Derek provides an update on US politics and how the FX market could be impacted. Disclaimer: www.mufgresearch.com (PDF)

Kamala Harris officially secured the support of enough delegates to the Democratic National Convention to become her party's presidential nominee