SYDNEY (Reuters) -Australia's unemployment rate spiked unexpectedly to a near four-year high in September as more people went looking for work, a weak result that revived hopes for more policy easing.
SYDNEY--Australia's unemployment rate fell in October, easing concerns that the job market was on track to slow in coming months, while also cementing the case for the Reserve Bank of Australia to ...
Australia’s unemployment rate rose to 4.5% from the previous 4.3%, marking a 0.2 percentage point increase. This upward shift indicates a weakening in the labor market compared to the previous period.
SYDNEY, Dec 11 (Reuters) - Australian employment fell in November by ‌the most in nine months, while annual ‌jobs growth slowed sharply from earlier this year, a sign the labour market is cooling and ...
SYDNEY—The Reserve Bank of Australia’s been sailing in a sea of relative calm over recent months, but it’s hit an iceberg in the form of unwelcome employment data. Unemployment jumped to 4.5% in ...
Sen. Elizabeth Warren (D-MA) hammered President Donald Trump on Saturday citing “new data” that showed unemployment to have ...
Recently the Federal Reserve (the “Fed’) cut its key interest rate. This was their first rate cut in nine months. Although the reduction was modest – one quarter of one percent – it was noteworthy ...
SYDNEY—Australia’s unemployment jumped to the highest level since late 2021 in September, reviving speculation that the Reserve Bank of Australia has more work to do in terms of cutting interest rates ...