Live updates: Unemployment rate jumps to 4.1 per cent in April, Australian share market higher after strong performance on Wall Street

Live updates: Unemployment rate jumps to 4.1 per cent in April, Australian share market higher after strong performance on Wall StreetThe Australian share market has opened higher, taking cues from Wall Street, after data showed US inflation is cooling.

The participation rate also increased slightly by 0.1 percentage point in April, with employment rising by around 38,000 people. Read more about just how the figures were put together and whether the budget will help deal with longer-term challenges:Last month That's raised questions about whether the former president — who has questioned America's commitment to some international alliances — would support AUKUS if re-elected in November.Global stock markets rose to record highs after data showed consumer prices in the US rose less than expected in April, giving investors hope inflation was on its way down and that the Federal Reserve would cut interest rates this year.As we reported earlier the US consumer price index was up 3.

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Live updates: Australian share market to rise, Nasdaq hits record close after Powell reassures investorsA rally on Wall Street is likely to send Australian stocks higher, while investors await Wednesday's crucial US consumer inflation report. Follow the latest updates in our live blog.
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Live updates: Australian share market to open lower, Commonwealth Bank third-quarter cash profit falls 7pcA mixed session on Wall Street is likely to send Australian stocks lower, while the Commonwealth Bank's third-quarter cash profit falls 7 per cent. Follow the latest updates in our live blog.
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