Employment, participation slips; February rate cut back on

14 November 2019

 

Australia’s period of a falling unemployment rate may have come to an end but then again, it may be just another hiccup. After falling below 5% in late 2018, Australia’s jobless rate remained around that mark though early 2019 until it moved higher in the June quarter. Recent leading indicators have been generally pointing towards further softness and the RBA has cut rates three times this year, something the central...

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