Australia’s Unemployment Rate is set to Rise

#Unemployment #Recession #Economy

Market Economists are predicting Australia’s Unemployment rate will rise late this week. That would seem to align with the recent news about the retail recession that is underway.

References

Wage and unemployment numbers set to pressure RBA to cut interest rates again

https://www.abc.net.au/news/2019-08-11/interest-rates-under-pressure-again-from-wage-jobs-figures/11398864?section=business

Roy Morgan Employment Estimates (1999-2019)

https://www.roymorgan.com/morganpoll/unemployment/estimates-detailed