Murray Olds: Australian correspondent on Australia's unemployment rate dropping to 4.1 percent

from Best of Business · host Newstalk ZB

Over in Australia, unemployment rates have dropped to 4.1 percent - making a pre-Christmas cut to interest rates less likely. The economy added 64,100 more jobs last month, 51,600 of which were full-time roles. Australian correspondent Murray Olds says this is good news for some people - but the reduced odds of a rate cut will put strain on homeowners. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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This episode was published on October 17, 2024.

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