Jobs report sets back case for rate cut

21 March 2019

 

The overall trend of a falling unemployment rate remains intact as the Australian economy keeps on producing new jobs. While economists expect the rate of job creation to fall, the current rate has driven the unemployment rate below 5% for the first time since 2011. However, various economists, as well as the RBA, are struggling to reconcile a robust labour market with other economic reports which are suggestive of a...

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