• ABS figures: Jobless rate rises to 4.3pc, cements RBA rate cut

    Source: Buzz FX / 16 Jul 2025 20:26:39   America/Los_Angeles


    The unemployment rate has jumped to a 3½-year high of 4.3 per cent, confirming the jobs market is cooling and paving the way for the Reserve Bank of Australia to cut interest rates next month.
    The jobless rate in June rose from 4.1 per cent
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