Rate cuts look distant - jobless rate ticks up but full time jobs bounce

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

Australia's official unemployment rate has ticked slightly higher to 3.8 percent. Part time jobs fell by 6,600 but full time positions rose by almost 28,000. ABC's Peter Ryan says evidence of a resilient economy are likely to see Reserve Bank interest rate cuts pushed out to late this year or early 2025.

Episode metadata supplied by the publisher feed · Published Apr 18, 2024

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Rate cuts look distant - jobless rate ticks up but full time jobs bounce

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