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The Guardian

Australia’s unemployment rate rises to 4% but uncertainty now lingers over expected RBA cut

The Guardian on
Australia’s unemployment rate rises to 4% but uncertainty now lingers over expected RBA cut



The jobless rate in December was 4%, according to the Australian Bureau of StatisticsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe unemployment rate increased in December, while job creation also rose strongly, in a sign of a resilient labour market that creates uncertainty over an expected interest rate cut next month.Australia’s jobless rate lifted to 4% in December, the Australian Bureau of Statistics data revealed on Thursday. At the same time, there were 56,300 additional people employed, as more people sought work. Continue reading…



Source link : https://www.theguardian.com/business/2025/jan/16/australia-unemployment-rate-december-data-abs-jobless-interest-rates-inflation

Author : Jonathan Barrett

Publish date : 2025-01-16 01:19:00

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Tags : The Guardian

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