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

January 20, 2019 • 00:29:28

Everything Is Turning Sunny; For Now – The Property Imperative Weekly To 19 January 2019

The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. Please consider supporting our work via Patreon Or...

Episode

February 03, 2024 • 00:26:00

Markets Play Chicken With All Time Highs, As Risks Rise!

This is my regular weekly market update. Investors hate surprises and we got many this week – to the point where I begin to...

Episode 0

March 08, 2021 • 00:47:49

Its Edwin's Monday Evening Property Rant! [Podcast]

I chat with Edwin Almeida, our property insider about auctions, sales volumes, price fixing and other matters. https://www.ribbonproperty.com.au/ Go to the Walk The World...