Unemployment Wobbles Higher In January, But Don’t Expect Quick Rate Cuts!

Digital Finance Analytics (DFA) Blog

Feb 15 2024 | 00:12:27

00:00 / 00:12:27

Show Notes

Last month Australian employment surprisingly tumbled in December, snapping four months of gains and sending the currency lower as traders boosted wagers on the Reserve Bank switching to policy easing this year. The economy had shed 65,100 roles, led by the biggest monthly drop in full-time employment since the height of pandemic, but unemployment held at 3.9%, cushioned by a sharp fall in the number of workers seeking jobs. Now we got the next update from the ABS which showed that the economy added just 500 roles in January, confounding expectations for a 25,000 gain and well shy of numbers […]

Other Episodes

Episode 0

September 21, 2023 • 00:10:23

This Could Be A Crunch Week For Markets

This week we get Central Bank Decisions from the Bank of England, The Federal Reserve and the Bank of Japan. The European Central Bank...

Episode 0

March 06, 2021 • 00:20:39

Volatility Rules! - The DFA Daily 6th March 2021 [Podcast]

The latest edition of our finance and property news digest with a distinctively Australian flavour. Go to the Walk The World Universe at https://walktheworld.com.au/

Episode

April 03, 2026 • 01:06:11

The Omnishambles Incoming: With Tarric Brooker

In the next edition of our show, Journalist Tarric Brooker and I discuss the real implications of the Gulf War on Australia. Using his...