Australia’s Unemployment Rate Drops to 4% as Hiring Persists

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 50%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Australian unemployment dipped last month and job gains exceeded estimates, highlighting the resilience of the country’s labor market to elevated interest rates.

Australia’s Unemployment Rate Drops to 4% as Hiring PersistsJapanese Funds Sell Largest Amount of Foreign Debt in Nine YearsFed Signals One Rate Cut This Year, But Keeps Door Open to TwoGetir’s Management Crisis Subsides as CEO Agrees to Board VoteBanxico Stands Ready to Fight Peso Slump, But It May Not HelpBOJ to Weigh Bond Buying as Investors Seek Hints for July HikeCarlyle Eyes ‘Number’ of Exits as Private Equity Market ReboundsWhat the Bank of Canada rate cut means for mortgages, consumer...

inflation broadly cools in encouraging sign for Fed officialsMore groundwork needed to maintain Canada-U.S. relations, summit hearsThe Daily Chase: U.S. business groups push back on Canada's proposed digital services taxThe Daily Chase: Contentious capital gains tax plan set to go to a voteCanada's jobless rate rises to 6.

 

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

Loans Loans Latest News, Loans Loans Headlines

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

Unemployment rate ticks up to 6.2% in May as job gains lag population growthThe unemployment report is the first major data release after the Bank of Canada delivered a 25-basis-point interest rate cut on Wednesday.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Canada jobs: Unemployment rate ticked up in May despite job gainFinding work has become increasingly challenging for Canadian jobseekers as a weakening economy and high interest rates push business owners to rein in hiring.
Source: CP24 - 🏆 30. / 67 Read more »