Unemployment Up in June, But How Broken Is The ABS Data Compass?

July 17, 2025 00:11:29
Unemployment Up in June, But How Broken Is The ABS Data Compass?
Digital Finance Analytics (DFA) Blog
Unemployment Up in June, But How Broken Is The ABS Data Compass?

Jul 17 2025 | 00:11:29

/

Show Notes

There is a lot of kerfuffle about the latest employment statistics released today by the ABS as Australian unemployment unexpectedly climbed to a four-year high in June because hiring almost stalled. This might suggest a loosening of the labor market and bolsters the case for the Reserve Bank to reduce interest rates next month. Certainly the employment outcome was worse than expected by market economists. But before I get to the reported increase in the unemployment rate which caused many economists to reaffirm that the RBA should have cut the cash rate last week, I want to highlight this important […]

Other Episodes

Episode 0

February 11, 2023 00:31:58
Episode Cover

Reversing The January Effect [Podcast]

So the NASDAQ ended lower on Friday as megacap growth stocks came under pressure after Treasury yields pointed to higher interest rates as yields...

Listen

Episode 0

December 14, 2023 00:07:29
Episode Cover

The Employment Numberwang Continues…

The unemployment rate rose by 0.1 percentage point to 3.9 per cent in November (seasonally adjusted), up from a revised 3.8 per cent in...

Listen

Episode

September 23, 2019 00:10:57
Episode Cover

The Cash Flow Factor [Podcast]

We discuss a recent AFR article which was picked up by Wolf Street. Use of “Hidden Debt Loophole” Spreads Among Australian Corporations Share this:EmailPrintTwitterFacebookLinkedInReddit

Listen