The ‘messy’ trend behind Australia’s rising unemployment is worrying economists
by Patrick Commins from on (#70TJ6)
The RBA is holding fire on further rate cuts until it is confident that inflation is easing. But the latest jobs data complicates matters
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As Jim Chalmers moves among the global elite during the G20 talkfest with fellow finance ministers and big-time investors in Washington this week, he will be spruiking Australia's enviable economic performance over recent years.
A particular point of pride has been the strength of the labour market.
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