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Unemployment surges triggering calls for rate cuts to avoid recession | The Business | ABC NEWS
2:52
YouTubeABC News (Australia)
Unemployment surges triggering calls for rate cuts to avoid recession | The Business | ABC NEWS
The unemployment rate jumped to 4.5 per cent in September, up from 4.3 per cent. It is the highest seasonally adjusted unemployment rate recorded since November 2021. Economists say another interest rate cut from the Reserve Bank is now warranted on Melbourne Cup Day. 33,900 people joined the jobless queue and 14,900 extra people secured a job ...
26.9K views3 weeks ago
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