Podcasts about labour market

head europe reality executive director ireland skills resilient brussels social policy labour market ibec tom hayes

Play Episode Listen Later Dec 11, 2025 5:52

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 world's economy is handling the US tariff-tax buffeting quite well.Financial market reactions to the US Fed rate cut yesterday, and the nature of its split decision, has seen the USD fall, bonds shift to a risk averse tone, and Wall Street retreat, although it has recovered to break-even in the past hour. The oil price has fallen as demand estimates in the US fade.Today, in a very big shift, there were 313,100 actual initial jobless claims last week in the US which is the largest weekly rise since early in 2020. There are now 1.965 mln people on these benefits, +2% more than at this time last year.We should also note that the US home ownership rate in Q3-2025 was 65.3%. A year ago it was 65.6%. (In New Zealand it is 66.0%.) Their rental vacancy rate is now 7.1%, up from 6.9% a year ago.US wholesale inventories are rising according to late-released September data, now up +4.8% from a year ago. But their inventory-to-sales ratio isn't anywhere near concerning levels yet.US exports rose marginally in September, largely driven by the export of gold which accounted for 70% of the monthly rise. Computer exports fell, and travel receipts by visitors also retreated notably. Meanwhile imports into the US were little-changed. The shift of gold out enabled them to record their lowest trade deficit since 2020.In Canada however, their export growth was much stronger, and also featuring gold. Their exports jumped +6.3%, while imports were down -4.1%. That turned a trade deficit of -C$6.4 bln in August to a small trade surplus of +C$153 mln surplus in September and ending the 2025 negative monthly outcomes. Canada's exports of aircraft, and energy products (oil and electricity) rose significantly in September.Across the Pacific, Japan's Business Survey Index for large manufacturers rose to +4.7% in Q4-2025, up from 3.8% in the prior quarter and the strongest reading this year. This was better than expected, underscoring continued resilience despite trade frictions, growth concerns and their mounting fiscal risks.China has signaled that 2026 economic support from Beijing will be more modest than many had thought it would be.Switzerland reviewed its interest rate overnight and left it at 0%. They have inflation at +0.2%.We can also note the Central Bank of Turkey cut its policy rate by -150 bps to 38% overnight, a fourth consecutive reduction, and by more than markets expected. They claim inflation is starting to ease, especially food inflation. Overall inflation is still running over 30% pa, although that is half the rate of a year ago.In Australia, their November labour market report showed employment fell -21,300 (s.a.) from October, an unexpected result, but remained +182,400 higher than a year ago. Full-time employment fell -56,500 but part-time employment rose +35,200. Their jobless rate was stable at 4.3%. Underemployment rose to 6.2%.Container freight rates rose +2% last week from the prior week, largely on the back of rising rates from China to the EU. Rates from China to the US are falling as trade volumes ease. These container rates are now -45% lower than year-ago levels. Meanwhile bild cargo rates are +111% higher than year-ago levels, after last week's -14.8% fall off the recent peak.The UST 10yr yield is now at 4.12%, down -4 bps from this time yesterday.The price of gold will start today at US$4273/oz, and up +US$70 from yesterday and back near its peak. And we should note again that silver has set a new record high, just under US$64/oz with another big move.American oil prices are down almost -US$1 at just over US$57/bbl, while the international Brent price is just under US$61/bbl.The Kiwi dollar is +30 bps firmer from yesterday, now at just on 58.2 USc. Against the Aussie we are up +10 bps at 87.2 AUc. Against the euro we are down -20 bps at 49.5 euro cents. That all means our TWI-5 starts today at just under 62.3, and up +30 bps from yesterday.The bitcoin price starts today at US$89,977 and down another -2.5% from this time yesterday. Volatility over the past 24 hours has been moderate, at just over +/- 2.5%.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.

Labour Market and Social Policy

Ibec Voices

Play Episode Listen Later Dec 9, 2025 18:14

Europe stands at a crossroads where social ambition must align with economic reality. Following a tidal wave of new directives, businesses are now facing "legislative saturation," prompting a call to shift focus from creating new laws to ensuring competitiveness and practical implementation.In this episode of Ibec Responds, Dr. Kara McGann, Head of Skills and Social Policy, is joined by Tom Hayes, Executive Director of BEERG. Together, they examine Ibec's latest paper on the Labour Market and Social Policy, discussing the need for pragmatism in Brussels and the future of social dialogue, as part of our campaign on Ireland's EU Presidency: “Making a Resilient, Competitive EU a Reality”.Thank you for listening. To explore all of Ibec's podcast offering, visit here. Make sure to follow Ibec Podcasts to stay up to date with new episodes.

What will the US Fed do this week?

The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch

Play Episode Listen Later Dec 7, 2025 8:13

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 long term global bond yields are rising.The coming week will be one dominated by the final central bank monetary policy decisions of the year. The big one, the one that will likely move markets, is the US one on Thursday NZT. Markets expect a -25 bps cut to 3.75%. There will also be central bank decisions from Canada (Thursday, no change expected), Switzerland (Friday, no change), Australia (Tuesday, no change), Brazil (Thursday, no change), and Turkey (Friday, -100 bps).This week will also feature China releasing a series of key November economic data including for exports (expected to be strong), CPI inflation (expected to rise marginally but stay very low), PPI (still in deflation). Monetary and debt data will also be closely watched. In Japan, it will be all about their Q3 GDP, PPI, and machine tool orders.In India, markets will focus on November inflation data.In Australia, apart from the expected no-change RBA decision, labour market data will likely show their jobless rate edging up, and business confidence surveys are expected to be broadly stable.At the end of last week bond markets kept pushing up long term yields. The rise of Japanese long bond yields has this market concerned. But that just comes on top of where US fiscal stability is heading.In the US, personal income data is in catch-up mode with September details released over the weekend. Income was up +1.9% from a year ago while personal expenditures were up +2.1% on the same basis. Their PCE version of inflation was +2.8% and rising. There are no real surprises in this now-old data.Meanwhile US consumer debt rose +2.2% or +US$9.2 bln in October, less than expected and less than the September rise. Revolving debt (like credit cards) rose at an annual rate of +4.9%. Non-revolving debt which includes car and student loans was up +1.2%.Earlier, the University of Michigan December consumer sentiment survey reported it didn't fall from November, posting a small, probably insignificant gain. That leaves it -28% lower than a year ago. Year-ahead inflation expectations decreased from 4.5% last month to 4.1% this month. Despite the nominal improvements, the overall levels across the board remain quite dismal for most consumers there.Canada reported payroll data for November over the weekend and rather than the expected -5000 dip, they got a +53,600 gain in overall employment. But unfortunately for them, all the gains were in part-time employment (+63,000) with full time jobs shrinking -9,400.This extended better-than-expected labour market report is one of the reasons the IMF's latest review of Canada was quite positive. They are impressed by how Canada is handling the attempted-trashing it has been getting from the US.In China, their foreign exchange reserves, already very large, climbed to US$3.346 tln in November and fractionally less than expected. It was the fourth straight month of increases, to the highest level since November 2015 and it happened even though the US dollar weakened. Meanwhile, the People's Bank of China continued to add to its gold holdings for the thirteenth consecutive month, with reserves edging up to 74.1 mln troy ounces in November and their value rose +4.5% in a month (in USD).In India, and as expected, their central bank cut its key repo rate by -25 bps to 5.25% at its Friday meeting. They claim confidence in a softer inflation outlook. The RBI has now cut rates by a total of -125 bps since the beginning of the year, bringing the repo rate to its lowest level since July 2022.In Japan, household personal spending fell unexpectedly in October, and quite hard. It was down -2.9% from a year ago, way different to the market expectations of a +1.0% rise, and reversing a +1.8% gain in September. It was the first decline since April. From September, personal spending fell -3.5%, and starkly different from the expected +0.7% rise.In Germany, factory orders rose +1.5% in October from September, better than the expected +0.5% gain but slowing from an upwardly revised 2.0% gain in the previous month. From a year ago, their factory orders are down -0.7% however. The latest data was boosted by a very large (+87%) jump in orders for large equipment like aircraft, ships, and trains. There was also a +12% rise in metal production and processing. In contrast, demand for electrical equipment fell -16%. These are all quite big moves with the overall change.Globally, the FAO says its Food Price Index declined for the third consecutive month in November, with all indices but cereals down. Dairy prices were down -1.6% from a year ago, down -11.5% from their June peak. Meat prices were up +5.0% from a year ago but down -2.7% from their recent September peak.It is probably worth noting that the Argentine wheat crop is going to be huge this year, one that will have global impacts. In Australia, the winter wheat crop will be the second largest ever too.Also worth noting is that Trump's boast to farmers that the Chinese will be back buying American soybeans in a major way was just fantasy. They have bought only minor volumes. Administration officials are now admitting there never was any agreement.And we should also probably note that the copper price is moving up sharply again, back toward its US-tariff-induced July heights.The UST 10yr yield is now at 4.14%, unchanged from this time Saturday, up +12 bps for the week. The price of gold will start today at US$4197/oz, and down -US$18 from Saturday, down -US$13 for the week. Silver is moving higher again, back at over US$58.50/oz and near its record high.American oil prices are holding at just over US$60/bbl, while the international Brent price is still at just under US$64/bbl, and up about +US$1 for the week.The Kiwi dollar is marginally higher from Saturday, now at just under 57.8 USc, up +50 bps for the week. Against the Aussie though we are unchanged at just on 87 AUc. Against the euro we are also unchanged at 49.6 euro cents. That all means our TWI-5 starts today at 61.9, and little-changed from yesterday and from a week ago.The bitcoin price starts today at US$89,503 and up +0.7% from this time Saturday. Volatility over the past 24 hours has been modest, at just on +/- 1.0%.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.

20VC: Thrive & OpenAI Partnership | Eventbrite Acquired for $500M | Databricks Raising $5BN at $134BN Valuation: Cheap or Not? | Why SaaS is Like Japan and The TAM Trap in Software

Play Episode Listen Later Dec 4, 2025 72:30

AGENDA: 04:20 Thrive and OpenAI Partnership 07:14 Databricks Raising $5BN at $134BN Valuation: Cheap or Not? 17:39 Eventbrite Acquired by Bending Spoons for $500M 21:39 Pagerduty's $1BN Market Cap, Just 2x Revenue 26:59 The TAM Trap: Why SaaS Is Like Japan 37:42 Lessons from Companies Hitting $100M ARR 44:57 The Future of Labour Markets is F****** 52:10 The Importance of Compounding in Investments 56:45 The Relevance Game in Venture Capital 01:05:01 Supabase at $5BN or Lovable at $6BN: Which One?

Mike's Minute: Why aren't more people excellent?

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Play Episode Listen Later Nov 27, 2025 1:59 Transcription Available

It's the simple question with seemingly no simple answer: why aren't more people excellent? Naylor Love reported this week they are cracking the $1 billion revenue mark. They are an old company that has never cracked a billion. Naylor Love are in construction. Construction is apparently having, or has had, a hell of a time of it. So how is it a business in a tough sector can be so outstandingly successful? They put it down to being good at complex projects. They do those well, the reputation grows, the word-of-mouth spreads and so it goes. The other day I discovered a coffee roaster made by a company called Kaffelogic. Their machine is made in New Zealand. The sadness is they are one of a handful left that produce appliances of any sort in New Zealand. The thing is their machine is world class because the bulk of professionals who enter roasting competitions use that machine. So what that means is we can produce appliances, but don't. Mostly that will be price related but like wine, or kiwifruit, or salmon, it seems there is nothing stopping us producing in small numbers if it is at the top end. The same way there is nothing stopping Naylor Love booming in an industry that isn't booming. The same way I can name you any number of restaurants and cafes that are doing very nicely, thank you, in a sector that is, according to press releases, in a world of trouble. The same way, as we heard just this week, that despite all the job market downturns and tough times, at no time did it get any easier to find great talent. No shortage of people. Just a shortage of excellence. There seems to be a pattern here. It seems a truism that no matter what you are surrounded by, no matter what the circumstances are, excellence will always shine and do well. That if you are good, or dare we suggest excellent, at what you do, there is always a place for you not just to participate, but to succeed and even excel, while those around you flounder and complain and blame their lot. Excellence is your ticket to wherever it is you want to go. Don't tell anyone. Heaven forbid it catches on. See omnystudio.com/listener for privacy information.

Rob Clark: Seek Country Manager on the slight rise in the volume of job ads

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Play Episode Listen Later Nov 24, 2025 3:48 Transcription Available

The job market remains in a tough spot despite modest improvements. The latest Seek NZ Employment Report finds job ad volumes have risen 1% for the fourth consecutive month and 7% year-on-year. The growth is seen across most regions and industries. Country manager Rob Clark says we're heading in the right direction. He told Mike Hosking that hospitality and tourism is important over the summer, but they've also seen some good progress in other industries, such as IT and construction. IT is now up 15% year-on-year, he says, and construction is up almost 30% now. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Young people on today's labour market

Stats in a Wrap

Play Episode Listen Later Nov 24, 2025

In this episode we're going to go behind the statistics to understand how Europe measures youth labour market participation and what challeng-es statisticians face in painting an accurate picture. We will also find out how it feels today for young people to enter the world of work that has significantly changed in recent years.Speakers in this episode are Riccardo Gatto, statistical officer in the la-bour force survey methodology team at Eurostat, and Francis van der Mooren, a researcher from Statistics Netherlands. The host, Jonathan Elliott, will guide the discussion on the often daunting process of enter-ing the labour market.

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Weekend Listen: Seasonal jobs are up, but is that a good sign for the economy?

The Big Story

Play Episode Listen Later Nov 23, 2025 27:55

Enjoy this special feed drop of In This Economy?!A recent report by Indeed Canada found that seasonal job postings are up 12% this year compared to 2024, which could offer some respite for those looking for work. Statistics Canada says the unemployment rate remains elevated for the month of October, sitting at 6.9%, while youth unemployment is basically double that at 14.1%.Host Mike Eppel speaks to Brendon Bernard, senior economist at Indeed Canada to break down the report and discuss how the interest in holiday jobs says more about the bigger picture of the state of the economy. The also discuss how the current geopolitical climate plays into the unemployment market. 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 @thebigstoryfpn on Twitter

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WILSON WEEKLY Ep 147 | Labour Market Strength, Rising Build Costs and a Spring Auction Surge

Money Mentor Podcast

Play Episode Listen Later Nov 21, 2025 31:24

This week on Wilson Weekly, Rachel Howlett and Doctor Andrew Wilson break down the key forces shaping Australia's property market as we head into the final stretch of the year.A stronger labour market, rising house building costs and a spring auction season overflowing with listings are giving buyers more choice than they've had in months. Doc unpacks what this means for affordability, seller competition and the broader economic outlook.Plus, we take a closer look at the data behind auction behaviour, construction pressures and how these trends are setting the tone as we move into December.Straight talk. Clear insights. Evidence based as always. Tune in to stay ahead of the market.Discover our new tool: What's My Rental Home Yield? Money Mentor YouTube Channel: ‪@moneymentorau‬ Link to Dr. Andrew Wilson on LinkedIn: / dr-andrew. If you enjoyed our podcast, make sure you follow and subscribe to stay up to date with the latest episodes.

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Market View: Markets tumble as US labour market data fails to provide clearer rate outlook; Asian markets track global rout; Japan approves 21.3 trillion yen stimulus to mitigate inflation pain; Foxconn's chairman says firm can make 1,000 AI racks a week

MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong

Play Episode Listen Later Nov 21, 2025 15:25

Singapore stocks fell today, triggered by declining expectations of a Federal Reserve rate cut. This follows a wider regional rout after markets tumbled earlier this week on fears of an artificial intelligence bubble. In terms of counters to watch, we have ComfortDelGro, after the transport operator yesterday announced senior leadership changes, which included the creation of a new “point-to-point mobility officer” role. Elsewhere, from what the latest US labour market data mean for the Federal Reserve, to how Japanese Prime Minister Sanae Takaichi’s Cabinet approved the largest round of extra spending since the pandemic, more international headlines remained in focus. Also on deck – comments by Foxconn chairman Liu Young that the company now had the capability to manufacture 1,000 artificial intelligence racks per week. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.

Weekly Wrap 21 November

Between the Bells

Play Episode Listen Later Nov 21, 2025 6:06

The ASX200 rebounded this week after Nvidia's strong results eased fears of an AI-driven tech correction. Local wage data also helped steady sentiment, showing a cooler labour market without shifting rate expectations. Staples remain solid, while discretionary names are showing fresh momentum, prompting Bell Potter to rotate toward leaders like Woolworths (ASX:WOW), Endeavour (ASX:EDV), Bega Cheese (ASX:BGA) and Accent Group (ASX:AX1).In this week's wrap, Sophia covers:(0:10): what was behind the ASX's slump(1:04): the impact of domestic economic data on the market trajectory(3:13): stocks Bell Potter's analysts favour at the moment(4:09): how the local market performed this week(5:07): the most traded stocks and ETFs this week(5:36): economic news items to look out for next week.

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Mike's Minute: Why the increased cost of labour will hurt our economy

Recruitment News Australia

Play Episode Listen Later Nov 12, 2025 2:18 Transcription Available

In America at the moment there is a lot of talk about the “K” shaped economy. Car dealers see it. If you have a good, safe job, good income and you're in the markets invested in AI (before it all pops) you are feeling good. You are the upward bit of the “K”. You're buying a flash new car with carbon add-ons. If you've been laid off, or about to be by a robot, you hate AI because you never earned enough to buy stock anyway and your SNAP payment hasn't come through because of the shutdown and you're holding onto your car, not to mention sweating on making ends meet, you are the downward bit of the “K”. It looks like we have a similar story here. Recruiters Robert Walters are already warning of the increased cost of labour in the recovery because people with the skills that are going to be in demand can charge more. Why? Because we are short of them. Why? Because the others are in Australia. In ideal times, as an economy recovers you hoover up those who have lost their jobs when times were tight. This time anyone who was marketable left and what we have, sadly, are a group of people who it would appear are not available to take part as growth returns. Yes, there are plenty of unemployed – 5.3% as of last week. Not to mention a growing number of so-called "underutilised". But as far as skills go, that's where we have an issue. Not everywhere or everyone of course. But it's becoming increasingly obvious that there are too many under-skilled, under-qualified people in this country. That is sadly what eventuates when you have system that spits kids out at 15, 16, or 17-year-old without a pathway to success. When times are good any number of people get swept up for bits and pieces-type jobs that lots of employers can afford to fork out on. But they are also the first to go. And when the rest of the talent bails, the ones without the skills aren't the ones to fill the growth areas, hence we will once again rely on imported labour, which this time around may or may not be available depending on whether they see us as a cool place to be. If they don't, that weighs on recovery and the speed at which we pick up. Robert Walters seem to suggest it's an issue. For those who stayed and have the skills though, you will be in a new car before you know it. See omnystudio.com/listener for privacy information.

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Episode 136 - How do recruiters stay relevant in a gigafied labour market?

Play Episode Listen Later Nov 10, 2025 22:36

Episode 136 How do recruiters stay relevant in a gigafied labour market? #recruitmentnews

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FX Weekly: China's Monthly Data Dump and Labour Market Data from Australia and the UK

australia uk china bank commonwealth bank labour market afsl market data data dump

Play Episode Listen Later Nov 9, 2025 9:15

Kristina Clifton and Samara Hammoud discuss the top influences on currency markets this week including China's monthly data dump for October and labour market data from Australia and the UK. 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.

China data projects economic stability

MONEY FM 89.3 - The Breakfast Huddle with Elliott Danker, Manisha Tank and Finance Presenter Ryan Huang

Play Episode Listen Later Nov 9, 2025 6:38

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 Chinese data released over the weekend indicates their domestic economy is holding its own, and their export economy continues to thrive, despite Trump.But first a look ahead. Locally, we will get a fix on retail sales this week on Thursday with the release of the October electronic cards data, and possibly at the end of the week we will get the REINZ sales data.In Australia we will be looking for updates to their consumer sentiment surveys and the labour market data for October (where only modest changes are expected).In the US, the federal government shutdown is unlikely to be resolved, so the ADP Employment Report will take on extra importance and they are releasing this data weekly now. Earnings reports will keep coming. There will be important updates from Japan as well. And this is the week the Chinese release their monthly data dump, and they too are expected to show just modest changes.Over the weekend, China said its consumer prices rose +0.2% in October from a year ago, more than the expected no change and jumping back from the -0.3% decline in September. It was their first increase in consumer inflation since June and the fastest pace since January. Stronger than expected holiday spending probably cause the uptick. Food prices fell -1.6% on this annual basis, dairy products by -1.7%. But both beef and lamb prices rose by +5.6% and +2.4% respectively.Meanwhile, China's producer prices eased another -2.1% in October on the same basis, marginally less than the -2.3% drop in September and the softest decrease since August 2024. But it does extend their contraction for a 37th consecutive month. The result came in slightly better than market expectations of a -2.2% fall,And China reported that their October foreign exchange reserves swelled more than expected and are back to their highest level in a decade.China also said its exports dipped unexpectedly from October a year ago as shipments fell -18% to the US. Imports from the US fell even more. But other than that, it seems to be business-as-normal. Australia and New Zealand both recorded healthy trade surpluses with China in October. Overall, China's October trade surplus came in at +US$90 bln for the month, and missing many analysts expectations that it might top +US$100 bln as it did in August.In Taiwan, exports from the island nation surged +50% from October a year ago to a record high of US$62 bln, accelerating from a +34% rise in the previous month which itself was very impressive. Taiwanese exports were one fifth those of China, despite only having 1.6% of the population level. For reference, Australia's exports in October are expected to be reported on December 4 at US$30 bln - and Australia has a similar population to Taiwan. The comparison emphases how special the Taiwan export prowess is.In the world's largest economy, the November update of the University of Michigan's consumer sentiment index has fallen to near an all-time low in a survey that began almost 80 years ago. Only the June 2022 recording was lower. A small dip was expected but this time a large dip was recorded. Americans are worried about both current personal finances and in year-ahead expected business conditions. It's glum reading and the index is now -30% lower than year-ago levels. American consumer attitudes are in a full bear mode.Meanwhile, the New York Fed's latest update of their Survey of Consumer Expectations reports inflation expectations dipped to 3.2% and some key opinions about their labour market weakened.The US federal government shutdown continues with the White House unable to get its way in the Senate, either with the Democrats changing their healthcare bottom line, or the Republicans adoption the 'nuclear option'. And that means the air traffic restrictions are rolling out and become more pervasive. Thousands of flights have now been cancelled or delayed.In Canada, they delivered something of an unexpected positive surprise from their labour market in October, You may recall the unusually strong +60,000 September jobs gain, driven by very strong full-time employment. Analysts had expected a pause. But in fact, they reported a +67,000 jobs gain in October, although this one was largely driven by a rise in part-time jobs. Rather than the expected rise, their jobless rate fell (but by most standards, it is still pretty high).The UST 10yr yield is now at 4.09%, up +1 bp from Saturday at this time, down -2 bps from a week ago.The price of gold will start today at fractionally under US$4000/oz, down -US$5 from this time Saturday, basically back to week-ago levels.American oil prices are slightly firmer from Saturday at just under US$60/bbl, with the international Brent price still just under US$63.50/bbl.The Kiwi dollar is now at just on 56.3 USc, and up +10 bps from Saturday but down a full -1c for the week. That is its lowest level in seven months. Against the Aussie we are -10 bps lower at 86.5 AUc and that is a 12 year low. Against the euro we are up +20 bps at 48.7 euro cents. That all means our TWI-5 starts today at just over 60.8 and firmish from yesterday, but its lowest since July 2009, a 16 year low.The bitcoin price starts today at US$103,678 and up +1.5% from Saturday. Volatility over the past 24 hours has been modest at just on +/- 1.1%.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.

US Markets Wrap: Oct layoffs hit 22-year high, fuelling labour market worries

Play Episode Listen Later Nov 7, 2025 9:27

Todd Rabold, Investment Management Partner, Callan Family Office, discusses the market's pullback and ongoing concerns about high valuations in the AI space; what a 22-year high for layoffs in October could mean for Fed policy; the Supreme Court's hearing on the legality of trade tariffs; and his overall outlook through year-end. Produced & Presented by: Emaad Akhtar See omnystudio.com/listener for privacy information.

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Nicola Willis: Economic Growth Minister on the unemployment rate reaching 5.3%

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Play Episode Listen Later Nov 5, 2025 3:57 Transcription Available

The Economic Growth Minister's confident the economy will turn a corner soon. Unemployment's reached 5.3% in the September quarter – the highest it's been since 2016. 160 thousand Kiwis have been out of work and looking for a job, the most since 1994. Nicola Willis told Mike Hosking unemployment may rise further this quarter, but there are positives, like the increase in hours worked and a move from part time to full time work. She says these unemployment figures do bounce around a bit, so she certainly won't say unemployment is at its peak. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Loic De Canniere, "The Future of Employment in Africa: Demography, Labour Markets and Welfare" (Anthem, 2025)

New Books Network

Play Episode Listen Later Nov 4, 2025 67:47

The Future of Employment in Africa: Demography, Labor Markets and Welfare explores the major trends that will define the face of the sub-Saharan continent in the next three decades. The near doubling of Africa's population by 2050 will lead to more than twenty million new job seekers entering the African labor market every year until then. Right now, Africa doesn't seem able to offer jobs to this many people, resulting in possible unrest and intra-African or intercontinental migration flows, including to Europe. Climate change creates additional migratory pressure as it threatens the future of agriculture and livestock. The author explores the opportunities for increased job creation in Africa. Fortunately, Africa has some major strengths. Africans excel in market-creating innovation: the ability to see market opportunities and innovations that others do not. Many Africans create their own jobs through micro and small enterprises. A young well-trained middle class, familiar with digital technologies, is emerging. Africa's abundant natural resources attract global powers like China aspiring to secure access to critical raw materials. The author challenges pessimistic message about the continent and provides an optimistic view of Africa's future. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

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Loic De Canniere, "The Future of Employment in Africa: Demography, Labour Markets and Welfare" (Anthem, 2025)

New Books in African Studies

Play Episode Listen Later Nov 4, 2025 67:47

The Future of Employment in Africa: Demography, Labor Markets and Welfare explores the major trends that will define the face of the sub-Saharan continent in the next three decades. The near doubling of Africa's population by 2050 will lead to more than twenty million new job seekers entering the African labor market every year until then. Right now, Africa doesn't seem able to offer jobs to this many people, resulting in possible unrest and intra-African or intercontinental migration flows, including to Europe. Climate change creates additional migratory pressure as it threatens the future of agriculture and livestock. The author explores the opportunities for increased job creation in Africa. Fortunately, Africa has some major strengths. Africans excel in market-creating innovation: the ability to see market opportunities and innovations that others do not. Many Africans create their own jobs through micro and small enterprises. A young well-trained middle class, familiar with digital technologies, is emerging. Africa's abundant natural resources attract global powers like China aspiring to secure access to critical raw materials. The author challenges pessimistic message about the continent and provides an optimistic view of Africa's future. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/african-studies

europe china future africa african climate markets employment anthem welfare labor market demography saharan labour market loic

Loic De Canniere, "The Future of Employment in Africa: Demography, Labour Markets and Welfare" (Anthem, 2025)

New Books in African Studies

Play Episode Listen Later Nov 4, 2025 67:47

The Future of Employment in Africa: Demography, Labor Markets and Welfare explores the major trends that will define the face of the sub-Saharan continent in the next three decades. The near doubling of Africa's population by 2050 will lead to more than twenty million new job seekers entering the African labor market every year until then. Right now, Africa doesn't seem able to offer jobs to this many people, resulting in possible unrest and intra-African or intercontinental migration flows, including to Europe. Climate change creates additional migratory pressure as it threatens the future of agriculture and livestock. The author explores the opportunities for increased job creation in Africa. Fortunately, Africa has some major strengths. Africans excel in market-creating innovation: the ability to see market opportunities and innovations that others do not. Many Africans create their own jobs through micro and small enterprises. A young well-trained middle class, familiar with digital technologies, is emerging. Africa's abundant natural resources attract global powers like China aspiring to secure access to critical raw materials. The author challenges pessimistic message about the continent and provides an optimistic view of Africa's future. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/african-studies

europe china future africa african climate markets employment anthem welfare labor market demography saharan labour market loic

Loic De Canniere, "The Future of Employment in Africa: Demography, Labour Markets and Welfare" (Anthem, 2025)

New Books in Economics

Play Episode Listen Later Nov 4, 2025 67:47

The Future of Employment in Africa: Demography, Labor Markets and Welfare explores the major trends that will define the face of the sub-Saharan continent in the next three decades. The near doubling of Africa's population by 2050 will lead to more than twenty million new job seekers entering the African labor market every year until then. Right now, Africa doesn't seem able to offer jobs to this many people, resulting in possible unrest and intra-African or intercontinental migration flows, including to Europe. Climate change creates additional migratory pressure as it threatens the future of agriculture and livestock. The author explores the opportunities for increased job creation in Africa. Fortunately, Africa has some major strengths. Africans excel in market-creating innovation: the ability to see market opportunities and innovations that others do not. Many Africans create their own jobs through micro and small enterprises. A young well-trained middle class, familiar with digital technologies, is emerging. Africa's abundant natural resources attract global powers like China aspiring to secure access to critical raw materials. The author challenges pessimistic message about the continent and provides an optimistic view of Africa's future. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

europe china future africa african climate markets employment anthem welfare labor market demography saharan labour market loic

Michael Gordon: Westpac Senior Economist on the unemployment rate being expected to hit 5.3%

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Play Episode Listen Later Nov 4, 2025 3:12 Transcription Available

Unemployment's set to edge higher despite signs of the job market improving. Stats NZ data, due out this morning, is expected to show the unemployment rate reached 5.3% in the September quarter. That's up from 5.2% in the June quarter. Westpac Senior Economist Michael Gordon told Mike Hosking the unemployment rate would be even higher if more young people were in the labour market. He says they've been first on the chopping block as the economy slowed, so many have gone back into school and aren't seeking work. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Loic De Canniere, "The Future of Employment in Africa: Demography, Labour Markets and Welfare" (Anthem, 2025)

New Books in Economic and Business History

Play Episode Listen Later Nov 4, 2025 67:47

The Future of Employment in Africa: Demography, Labor Markets and Welfare explores the major trends that will define the face of the sub-Saharan continent in the next three decades. The near doubling of Africa's population by 2050 will lead to more than twenty million new job seekers entering the African labor market every year until then. Right now, Africa doesn't seem able to offer jobs to this many people, resulting in possible unrest and intra-African or intercontinental migration flows, including to Europe. Climate change creates additional migratory pressure as it threatens the future of agriculture and livestock. The author explores the opportunities for increased job creation in Africa. Fortunately, Africa has some major strengths. Africans excel in market-creating innovation: the ability to see market opportunities and innovations that others do not. Many Africans create their own jobs through micro and small enterprises. A young well-trained middle class, familiar with digital technologies, is emerging. Africa's abundant natural resources attract global powers like China aspiring to secure access to critical raw materials. The author challenges pessimistic message about the continent and provides an optimistic view of Africa's future. Learn more about your ad choices. Visit megaphone.fm/adchoices

europe china future africa african climate markets employment anthem welfare labor market demography saharan labour market loic

Liam Dann: NZ Herald Business Editor on the unemployment rate rising to 5.3%

Kerre McIvor Mornings Podcast

Play Episode Listen Later Nov 4, 2025 8:57 Transcription Available

Today's rise in unemployment isn't unexpected. Latest Stats NZ data shows the unemployment rate has reached an almost nine-year high of 5.3% in the September quarter. 160 thousand people have been looking for a job, while another 138 thousand have been wanting more work. The Herald's Liam Dann told Kerre Woodham today's figures are exactly as forecast by economists. He says the labour market will remain tough for a while yet because companies are nervous to hire, and some are still having to let staff go. LISTEN ABOVE See omnystudio.com/listener for privacy information.

rising economy unemployment herald job market unemployment rate labour market nz herald business editor listen abovesee kerre woodham

Concerns about US labour market grow

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Play Episode Listen Later Oct 28, 2025 5:03

Kia ora,Welcome to Wednesday'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 US Fed is meeting but flying blind on both inflation and jobs data. But other indications suggests the US economy is fading faster than previously assumed.In the US oil patch, the Dallas Fed said service sector activity contracted further in October with the revenue index, a key measure of service sector conditions, falling to its lowest reading since July 2020. Employers are shedding jobs, they notedThings weren't great in the mid-Atlantic states region but not as tough as in Texas. The Richmond Fed's factory survey contracted less in October than September, but they also reported employers shedding jobs.Despite those two reports, the ADP Employment Report indicated that private payrolls rose an average of +14,000 jobs per week in the four weeks ending on October 11, as they move to fill the labour market data void because of the BLS shutdown. If that pace holds for October, US jobs growth in the month will be about +57,000 and better than the -32,000 in September decline. Both are unusually low levels. (In October 2023, the US reported +186,000 job gains, so they have fallen a long way since then.)Also not as negative as expected is US consumer sentiment as measured by the Conference Board. It did ease lower in October, but not as low as some had feared although it is now at a six month low. Those on low incomes (under US$75,000/year) or over 55 years were more negative than those 35-55 and on higher incomes.But overnight a range of large employers announced job cuts. UPS said it has shed -48,000 jobs, Amazon -14,000. They aren't the only ones. On top of the US Federal Government furloughs, they are facing some significant labour market strainThe Fed will likely deliver a -25 bps rate cut tomorrow.Across the Pacific, South Korea said its economy grew +1.7% real in Q3-2025 from the same quarter in 2024, building on a widening expansion. Over the past year, all of their growth has come in Q2 and Q3-2025.Chinese president Xi and US president Trump are due to meet to try and work out a trade accommodation. It will be ironic that Trump can compromise with another dictator, but not with elected representatives in his own country.In India, they reported that their expansion of industrial production held up better than expected. It rose +4.1% in August and that was expected to ease to +2.6% in September. Burt in fact their fast expansion rolled on with a +4.0% gain last month. Their factory sector rose +4.8% on the same basis. This is a very good result for them.In Europe, inflation expectations dipped slightly to 2.7% in OctoberLater today, Australia will report its September inflation results, both their quarterly CPI and their monthly inflation indicator. Both are expected to rise to the 3% level. Recent comments by the RBA governor suggest they are in no hurry to cut their policy rate, given inflation remains high and their labour market is still expanding. They next review their cash rate target on Tuesday, November 4, 2025.The UST 10yr yield is now at 3.99%, dipping another -1 bp from yesterday.The price of gold will start today at US$3956/oz, down another -US$37 overnight.American oil prices are down -US$1.50 from yesterday at just on US$60/bbl, with the international Brent price just under US$64.50/bbl.The Kiwi dollar is now at just on 57.8 USc, and up +10 bps from this time yesterday. Against the Aussie we are down -10 bps at 87.8 AUc. Against the euro we are up +10 bps at 49.6 euro cents. That all means our TWI-5 starts today at just under 62.3 and up +10 bps from yesterday.The bitcoin price starts today at US$115,406 and down a minor -0.2% from this time yesterday. Volatility over the past 24 hours has again been modest at just on +/- 1.0%.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.

The Week in Markets: Encouraging signs in Hong Kong's long-beleaguered property market

Beyond Markets

Play Episode Listen Later Oct 21, 2025 12:19

Recent bankruptcies of companies that accessed the private debt market are a reminder that manager selection is of the utmost importance. The real acid test for the private debt market will be the next recession, although there are no signs of one on the horizon. Still, the labour market is changing, and we look for a rate cut at the Fed's next meeting on October 29, followed by another three by March. Alibaba claims to have invented a computing pooling solution that reduces the number of Nvidia GPUs needed to serve its AI models by 82%. An index of Hong Kong residential property infers prices are up 6% this month. This episode is presented by Mark Matthews, Head of Research Asia at Julius Baer.

Financial markets gird for bubble risk fallout

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Play Episode Listen Later Oct 16, 2025 5:18

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 that while the 'real economy' is barely able to expand - but is in fact doing so modestly - there are two extreme bubbles brewing - in AI firm valuations, and in precious metals valuations. One or both will end sometime, and the losses will be extraordinary when they do, likely hurting the 'real economy' when it happens. But who knows when? Financial market risk aversion is in evidence today in the bond markets.There are other stresses of course (geopolitical, retribution stupidity, commodity distortions, climate, etc.) and they have to play out at the same time.But first in the US, their economic data is dominated today by the October version of the Philadelphia Fed factory survey for the important Pennsylvania rust belt region. That reported an unexpected sharp slowdown in activity and a six month low in this index. If there is a silver lining however, it is that new order levels picked up from what were very low levels. Not helping however is that firms are again reporting higher than average cost increases. Most firms reported struggles passing on those higher costs in higher prices.American house-building activity has been struggling for the past five months but sentiment in the industry picked up in October somewhat, mainly on the expectation that lower interest rates would help. It's a sentiment improvement,not an activity improvement however.Yesterday we noted slightly improved factory sentiment in the New York state area. But today we can report that their services sector is in a tough spot, in fact its lowest since the pandemic-affected January 2021. It is glum there and firms are not expecting much improvement.In Canada, their small business sentiment has turned negative too.But Canada's housebuilding sector is on a roll, reporting strong housing starts again in September and well above what analysts were expecting. That is now five of the past six months with elevated housing start data.Across the Pacific in Japan, core machinery orders, excluding the large volatile sectors, fell -0.9% in August from July to ¥8.9 tln but it was much less than the sharp -4.6% drop in July. Analysts had expected a small gain however.And staying in Japan, it now looks like Sanae Takaichi will in fact become prime minister after more coalition talks.In France, the Macron-allied new prime minister has survived a no-confidence vote (on the second attempt) bringing some stability to their political mess.In Australia, their September jobless rate ticked higher to 4.5% and their jobs growth, especially full-time jobs growth, came in lower than expected.For the first time since June when rates started falling fast, global container freight rates rose last week, overall by +2%. In the meantime they had fallen -52%, so that suggests these costs may be bottoming out. They are now -50% lower than year-ago levels. There were modest rises everywhere, even in outbound China rates. There will be activity trying to front-run potentially new tariffs by the US, and there is Christmas-goods flows starting too.Bulk cargo rates rose a net +2% last week too, but in between it was unusually volatile. These latest levels are now +12% higher than year-ago levels.The UST 10yr yield is now at 3.97% and down -8 bps from this time yesterday.The price of gold will start today at US$4273/oz, up +US$77 from yesterday and far away a new ATH. Silver is up to just under US$54/oz and an ATH. Platinum is roaring too, now at US$1732/oz and up +71% from the start of the year and approaching its 2011 highs.American oil prices are down -US$1 at just on US$57.50/bbl, with the international Brent price now just on US$61/bbl.The Kiwi dollar is at just on 57.3 USc, and up +10 bps from yesterday. Against the Aussie we are up +60 bps at 88.4 AUc. Against the euro we are down -10 bps at 49.1 euro cents. That all means our TWI-5 starts today at just on 61.8, up +10 bps from yesterday. Also, see this.The bitcoin price starts today at US$108,652 and down another -2.0% from this time yesterday. Volatility over the past 24 hours has been modest at just on +/- 1.9%.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.

'We're not in a labour market in Sweden, we're in network-related recruitment'

Sweden in Focus

Play Episode Listen Later Oct 15, 2025 37:03

Sweden is one of the worst countries in Europe when it comes to providing job opportunities for educated foreigners, according to an investigation last year by Lighthouse Reports and media outlets including the Financial Times. The study found for example that Sweden had the second-worst employment gap for college-educated migrants and that 68 percent of immigrants educated abroad were overqualified for their job.In this week's episode The Local's contributor Amélie Reichmuth speaks about this issue of "brain waste" in Sweden with Laurence Romani, who is a professor and Director of the Center for Responsible Leadership at the Stockholm School of Economics. Tackling Sweden's ‘brain waste': How employers can unlock migrant talentREAD ALSO:How many immigrants are overqualified for their jobs in Sweden?Want to build your Swedish network? Here's where to startHow to play office politics in Sweden... and survive Become a member at https://www.thelocal.se/podcasts/podcast-offer?tpcc=padlock. Hosted on Acast. See acast.com/privacy for more information.

FX Weekly - US government shutdown, Japan's leadership race, and Canada's labour market data

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Play Episode Listen Later Oct 6, 2025 8:19

Samara Hammoud and Carol Kong discuss the top influences on currency markets this week including the US government shutdown, Japan's Liberal Democratic Party leadership race results, and Canada's 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.

What Happens When the Housing Bubble Bursts?

TLDR

Play Episode Listen Later Sep 24, 2025 27:59

The Canadian housing market has been so hot for so long that it's hard to imagine it ever being any other way. On this week's TLDR, Brent Donnelly, president of Spectra Markets, talks about why he thinks the housing market's on track for a serious course correction — and what it could look like when it finally happens. Plus, what a U.S. TikTok deal could mean for the future of social media. And, how prediction markets are changing the game for sports bettors.This episode was hosted by Devin Friedman, business reporter Sarah Rieger, former hedgefunder Matthew Karasz and author Jared Sullivan. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldrThe TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.

Aussie Weekly - Softer labour market data ahead of CPI

Squawk Box Europe Express

Play Episode Listen Later Sep 19, 2025 12:10

Belinda Allen and Harry Ottley discuss August's Labor Force data, which showed steady unemployment at 4.2% but softer employment and participation. They explore implications for the RBA, population growth normalising faster than expected, and what that means for labour supply. Looking ahead, they preview the August CPI indicator, expecting a slight easing to 2.7%, and highlight market services inflation as a key focus. Overall, the outlook remains positive with inflation near target and growth improving. 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.

bank aussie rba softer commonwealth bank labour market afsl market data labor force august cpi belinda allen

Fed cuts rates by 25bps as U.S. labour market cools

Play Episode Listen Later Sep 18, 2025 25:48

U.S. Federal Reserve Chairman Jerome Powell delivers a long-anticipated rate cut as labour market concerns mount Stateside. President Trump is treated to a series of royal ceremonies, military parades, a flypast and a lavish white-tie banquet during his unprecedented second state visit to the UK. Today the focus turns to trade deals and a business roundtable together with Prime Minister Sir Keir Starmer. And in the City, investors await a potential Bank of England rate hold and whether policy makers move to rein in the pace of UK gilts. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How Freaked Out Should You Be About the Job Market?

TLDR

Play Episode Listen Later Sep 17, 2025 24:54

While some parts of the economy are slowing down, AI continues to defy expectations. On this week's TLDR, how Oracle's Larry Ellison made over a hundred billion (that's billion, with a B) dollars in one day, thanks to the latest chapter in the AI gold rush. Plus, economist Joey Politano, author of the Apricitas newsletter, explains what a frozen labour market can tell us about our financial futures. And, we dig into the financial cost of wildfires.This episode was hosted by Devin Friedman, business reporter Sarah Rieger and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldrThe TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.

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Start Over With a Divorce Registry, Find Out How To Enter the Labour Market in Uncertain Times & Cashback Program for Home Buyers | Full Episode

Moolala: Money Made Simple with Bruce Sellery

Play Episode Listen Later Sep 16, 2025 52:14

This week Bruce Sellery explores three timely money topics to help you navigate today's changing financial landscape. First, we look at the state of the labour market during uncertain times with Scott Stirrett, author of The Uncertainty Advantage. Learn how to adapt your career strategy, build resilience, and strengthen your professional network when the job market feels unpredictable. Next, Olivia Howell, co-founder and CEO of Fresh Starts Registry, joins us to talk about divorce registries — an innovative way for individuals to get the essential items they need as they begin a new chapter after separation. Finally, Benjy Katchen, CEO of Wahi, explains how their cashback program from a digital real estate platform and brokerage can put thousands of dollars back in your pocket after buying a home. If you're facing a big life transition, worried about your job security, or curious about how to save money on your next home purchase, this episode is packed with practical insights you can act on right away. To find out more about the guests check out: Scott Stirrett: Substack | X/Twitter | LinkedIn Benjy Katchen: wahi.com | X/Twitter | Instagram Olivia Howell: freshstartregistry.com | Threads | Facebook | Instagram Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

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Macro Monday Ep 87: US labour market cools even as inflation rises

Investec Focus Radio

Play Episode Listen Later Sep 15, 2025 9:03

It's becoming clear that the US labour market is cooling while at the same time inflation is increasing. Therefore, while markets are expecting a cut in US rates by the Fed this week, there could be some risk to the view that the Fed will cut rates another five times over the next year. Investec Focus Radio SA

inflation fed rises macro cools labour market

AI is eating into entry-level jobs

Azeem Azhar's Exponential View

Play Episode Listen Later Sep 5, 2025 25:33

This is the single most important paper to come out in tech in recent weeks. Erik Brynjolfsson, Bharat Chandar and Ruyu Chen investigated whether generative AI is leading to job losses in roles most exposed to AI – and how these effects differ by age and the way AI is used. In this episode, I break down these results and their implications. I covered: (01:17) Key finding (03:32) What's going on here? (06:13) A canary in the coal mine? (8:21) The dataset studied and why it matters (10:34) The sectors impacted and why it matters (12:37) Why don't firms just reduce salaries? (14:34) Historical parallels with electricity (17:20) How leadership impacts job losses (20:46) Implications for policy, education, equity (24:53) Outro Where to find me: - Substack: https://www.exponentialview.co/ - Website: https://www.azeemazhar.com/ - LinkedIn: https://www.linkedin.com/in/azhar?originalSubdomain=uk - Twitter/X: https://x.com/azeem ----Production by supermix.io and EPIIPLUS1

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A new all-time high in time for the labour market report

Moving Markets: Daily News

Play Episode Listen Later Sep 5, 2025 12:54

The S&P 500 is trading at fresh all-time highs ahead of today's crucial US non-farm payrolls report, which iswidely seen as the final piece of the puzzle that could give the Federal Reserve the go-ahead to resume cutting interest rates. Meanwhile, Asian markets are rising, buoyed by positive trade developments out of Japan and broader optimism in the region. Joining us today is Tim Gagie, Head of Private Banking Sales in Geneva for FX and Precious Metals, to discuss which currencies – beyond the usual suspects – could benefit from a renewed weakening of the US dollar.(00:00) - Introduction: Helen Freer, Product & Investment Content (00:25) - Markets wrap-up: Roman Canziani, Head of Product & Investment Content (07:03) - FX and metals: Tim Gagie, Head of FX/PM PB Geneva (11:37) - Closing remarks: Helen Freer, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

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Aussie Weekly - RBA cuts, labour market tracking as forecast

bank tracking aussie cuts forecast abs rba commonwealth bank corelogic labour market afsl

Play Episode Listen Later Aug 15, 2025 11:11

The RBA cut the cash rate by 25bp to 3.60% this week. In today's podcast, Senior Economist Belinda Allen and Economist Harry Ottley discuss the decision and dissect the key labour market data that was out this week. They also cover off the CommBank HSI which is showing some green shoots for consumer spending. ------ 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.”  

Canada invests in services to support economic integration and fill labour market shortages, released by on 23 July 2025

Joy Stephen's Canada Immigration Podcast

Play Episode Listen Later Aug 12, 2025 2:02

Canada's new government is investing more than $3.2 billion over three years in over 520 organizations outside Quebec to help newcomers integrate into the labour market and strengthen the economy.This investment will fund services like licensing support, language training, and programs for French-speaking newcomers outside Quebec — aiming to fill gaps in high-demand sectors such as health care and skilled trades.More details: https://myar.me/tag/fed/ Guidance on Canadian Immigration programs: https://myar.me/c Join our free weekly Zoom meetings: https://myar.me/zoom Learn how to choose a representative: https://ircnews.ca/consultant#CanadaImmigration #IRCC #SettlementServices #EconomicIntegration #CanadaJobs #LabourMarket #ImmigrationNews

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Mark Smith: ASB Senior Economist on the employment rate being expected to hit 5.3%