Workers who switched jobs received wage increases of 6.4%
over the last year vs. 4.7% for those who stayed at their
jobs. With data going back to 1997, this is the widest gap
we've seen. |
00:01 - 28/07/22 |
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Less than 50% of US homes for sale faced bidding wars in
June, the lowest level we've seen since May 2020. A year ago
the rate was 65% and in January it hit a high of 69.6% |
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China's mortgage strikes could add about RMB1 tril to banks'
at-risk loans (or 2.5% of the mortgage loan portfolio) in
our base-line. |
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Microsoft revenues were up 12% over the last year, the 8th
straight quarter of double-digit % growth but slowest growth
rate since Q3 2020. |
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Australia’s economy is “robust” and capable of withstanding
further interest-rate increases, Reserve Bank board member
Ian Harper says |
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