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Nation sheds 56,500 full-time jobs in a month, giving RBA a headache

Just two days it appeared clear the Reserve Bank would lift interest rates next year. But new job figures suggest the economy may struggle.

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Sydney Morning Herald

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Lean Left

Nation sheds 56,500 full-time jobs in a month, giving RBA a headache

Just two days it appeared clear the Reserve Bank would lift interest rates next year. But new job figures suggest the economy may struggle.

4 days ago·Sydney, Australia

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大纪元 Epoch Times

Australia's Full-Time Jobs Fell by 56,500 in a Single Month, Putting the Reserve Bank in a Dilemma Regarding Interest Rate Hikes | Job Market | Generally Weak | Reserve Bank of Australia

Latest data shows that the Australian job market is generally weak, with 56,500 full-time jobs lost across Australia in one month. The Reserve Bank of Australia (RBA) is caught in a dilemma regarding interest rate hikes, as raising rates could push up the unemployment rate.

4 days ago

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