The RBA May Have More To Do - If You Believe The Employment Numbers!

November 16, 2023 00:14:07
The RBA May Have More To Do - If You Believe The Employment Numbers!
Digital Finance Analytics (DFA) Blog
The RBA May Have More To Do - If You Believe The Employment Numbers!

Nov 16 2023 | 00:14:07

/

Show Notes

Australian employment came in much stronger than expected in October while the jobless rate edged higher as more people sought work, suggesting the RBA may have more to do to cool demand and inflation. As Warren Hogan said: The RBA released updated economic forecasts less than a week ago which were finalised on 7 November – 9 days ago. They forecast employment growth in Dec 2023 of 2.5%. After todays labour force numbers they need employment to fall by 10k in each of November and December to achieve this. If you use quarter average YoY then you need an even […]

Other Episodes

Episode 0

September 17, 2022 00:22:33
Episode Cover

Here Comes The Wealth Destruction... [Podcast]

As foreshadowed, we are now seeing the sharp reversal in asset prices, which were driven through the roof due to ultra-low interest rates, central...

Listen

Episode 0

October 12, 2023 00:13:29
Episode Cover

The New Zealand Economy In A Nutshell

Today I want to dissect some the latest data from New Zealand. In summary, inflation and costs of living continue to bite, more households...

Listen

Episode

January 14, 2025 01:46:21
Episode Cover

DFA Live Q&A HD Replay: The Real 2025 Agenda: With Robbie Barwick

This is an edit of a live discussion with Robbie Barwick, Research Director for the Australian Citizens Party as we discuss the real issues...

Listen