Australia’s Job Market Shows Signs of Cooling as Rate Hikes Bite

📆 19/10/2023 23:48:00
📰 BNNBloomberg

⏱ Reading Time:
19 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 50%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Australia’s tight job market is showing signs of losing steam as 11-year high borrowing costs weigh on labor demand, a trend that if sustained could drive up unemployment and forestall further policy tightening.

SEC Asks Judge to Dismiss Charges Against Ripple Co-Founder, CEOC4K Latest: Ardinall’s Dreyfus Pitches Long Bet on RBC BearingsPowell says U.S. Fed 'proceeding carefully,' leaves door open to hikeDmitry Balyasny Says Hedge Funds Need to Do Deals to Get TalentVale Taps Former Investor Relations Head Fadel as CEO of BionowEmerging Market Losses Deepen as US Treasury Yields March to 5%TSX recap: Index falls 0.

6 Billion Atlantic Coast PortNYC Should Brace for Snow's Comeback Despite El Niño-Fueled Mild WinterLNG Tanker Leaves Egypt for Algeria, Raising Export ConcernsCOP28 Countdown Heats Up as Countries Spar Over Loss and DamageManchin Vows Mountain Valley Pipeline Completion After Delays AnnouncedExpert tips for saving money on groceriesInflation is slowing.

Write Comment

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:

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

British Columbians managing with strong job market despite debt worriesA new poll shows the number who report debt concern has declined.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Nokia stock drops on earnings, job cutsShares of Nokia (NOK) tumble lower on the company's third-quarter earnings miss, reporting a 20% decline in sales. The company plans on cutting 16% of its...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »