'Red hot' jobs bounce keeps pressure on for April interest rate rise

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A strong bounce in jobs last month will maintain pressure on the Reserve Bank to keep increasing official interest rates, despite global banking jitters.

abc.net.au/news/unemployment-abs-labour-force-february-2023/102104184A strong bounce in job numbers last month will maintain pressure on the Reserve Bank to keep increasing official interest rates, despite global banking jitters.

In an all around strong set of numbers, the proportion of Australians in work or looking for it also rose, along with hours worked, while underemployment fell. "In February, there were also no major disruptions that affected peoples' ability to work their normal hours, such as the widespread sickness or natural disasters that we have seen over recent years," Mr Jarvis added.

 

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No shit the employment figures are better than they were during COVID.

Are they well paying jobs? What is the increase in people working more than one job to try make ends meet?

Bankers want more unemployment and until then they will keep money more expensive.Weird .

Turning good news into bad

Seriously. A country getting back to work and the REserve Bank increases interest rates.

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