Economists’ doubts not swayed by March jobs report

19 April 2019

 

The overall trend of a falling unemployment rate remains intact as the Australian economy keeps on producing new jobs. However, economists expect the rate of job creation to slow while the unemployment rate has been stuck at or very close to 5% for over six months now. Recent leading indicators have led the RBA to acknowledge a “tension” between a robust labour market, sub-trend GDP growth and business surveys. March’s...

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