EPISODE · Jun 15, 2023 · 3 MIN
Jobless rate in surprise fall but recession fears simmer
from Peter Ryan_ABC News Soundcloud · host Peter Ryan
There's been a surprise fall in Australia's official unemployment rate despite the impact of aggressive interest rate rises on the economy. The jobless ticked down to 3.6 percent last month with 75,900 new jobs created putting more pressure on the Reserve Bank to keep raising rates to slow the economy. Reporter: Peter Ryan, Senior business correspondent Featured: Alan Oster, chief economist, National Australia Bank
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Jobless rate in surprise fall but recession fears simmer
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