Australia’s Job Market Loosens Even as Unemployment Sticks Low

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 50%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Australia’s labor market may be approaching an inflection point with key early indicators now turning down, even as the jobless rate holds around 4% in defiance of the Reserve Bank’s aggressive tightening campaign.

Australia’s Job Market Loosens Even as Unemployment Sticks LowPimco Warns of More US Regional Bank Failures on Property PainWhat the Bank of Canada rate cut means for mortgages, consumer loans and investmentsMore Canadians only making minimum payment on credit cards: TransUnionEntrepreneurs already leaving Canada due to capital gains hike, Wattpad founder Allen Lau saysTreat the future you: 3 smart ways to invest your tax refundOttawa moves to expand CRA audit powers.

2% in May as labour market disappoints jobseekersBig 6 banks see at least 2 more Canada rate cuts in 2024Statistics Canada reports country posted $1B merchandise trade deficit for AprilThe Daily Chase: Nvidia joins $3 trillion clubCanada's economy has a big productivity problem.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Job market, housing market, travel scams & more: Wealth!In this episode of Wealth!, Yahoo Finance's Brad Smith talks to experts about travel scams, the housing market, the job market, small businesses and more...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street slips ahead of job market dataNEW YORK (AP) — U.S. stocks drifted lower as investors await a trove of labor market data this week. The S&P 500 fell 0.2% in early trading Tuesday. The Dow Jones Industrial Average fell 148 points, and the Nasdaq slipped 0.1%.
Source: SooToday - 🏆 8. / 85 Read more »

Wage growth keeps slowing for job switchers as US labor market cools offADP data showed that the median year-over-year pay increase for job switchers fell to 7.8% in May, from a recent spike of 8.3% in March and 8% in April.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Job Seekers Brave AI Bots, Interviewing Nightmares in Tougher Labor MarketFrom puzzling personality tests to group interviews that feel like a reality dating show, hiring rites have taken a surreal turn.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

US labor market remains strong; housing market losing momentumThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »