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Economy News Australia Expects Unemployment Rate To Rise As Global Economy Slows | RobinsPost News & Noticias

Australia Unemployment Data Due On Thursday

(RTTNews) - Australia will on Thursday release June numbers for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 4.1 percent from ... Read More

Warnings of chance of August rate rise, ‘painful’ recession looms

As widely anticipated, the Reserve Bank of Australia ... and that the economy is operating above capacity. He warned with both inflation and the unemployment rate at around 4 per cent the only ... Read More

Australia’s ‘tech boom’ is why nation has the lowest unemployment rates in a generation

Tech Council of Australia CEO Damian Kassabgi says Australia being in the middle of a “tech boom” is why the nation has the lowest unemployment rates in ... he told Sky News Australia. Read More

Australian Inflation Rate: Consumer Sentiment ‘Deeply Pessimistic’

Australia’s low unemployment is also an area of focus, falling to 3.7% in February. The RBA wants this rate to rise to 4.5% to ... on the state of the global economy. While baseline inflation ... Read More

Interest Rate News: RBA ‘Didn’t Consider’ Cutting Cash Rate

“At the very least the economy is likely to have slowed substantially by late this year with unemployment starting to rise ... Australia said. “We expect to see two more rate hikes before ... Read More

The US economy faces a new threat

The biggest danger facing the American economy for years has been inflation. Now, another problem is emerging as a credible threat on the horizon: Unemployment. Read More

Unemployment News

Temporary residents and recent immigrants are driving up Canada’s unemployment ... country’s economy is headed for a soft landing, saying he expects the unemployment rate to rise but that ... Read More

Global Economy: Soft Landing Reinforces Prospect of Higher-for-longer Interest Rates

Recent growth has been consistent with Scope Ratings’ long-standing assumption of a soft landing for the global economy, even after the fastest rate rise ... and holding unemployment and non ... Read More

Q1 GDP Slows to 1.4% as Initial Claims Fall, Durable Goods Orders Rise

New orders for durable goods increase by 0.1% in May, marking the fourth consecutive month of growth, with transportation equipment leading the rise. Economic Update: Q1 2024 GDP, Unemployment ... Read More

US labor market losing steam as unemployment rate climbs to 4.1%

U.S. employment increased solidly in June, but government hiring accounted for more than a third of the payrolls gain and the unemployment rate hit a 2-1/2-year high of 4.1%, pointing to a slackening ... Read More

Economic Letter

Employment growth has consistently come in above pre-pandemic estimates of the rate needed for unemployment to stay near its long ... We need to exhibit care and be ready to respond to however the ... Read More

US weekly jobless claims rise labor market slows

The vacancy-to-unemployment ratio is close to its average of 1.19 in 2019. Federal Reserve Chair Jerome Powell said on Tuesday that the economy was back on a "disinflationary path," but policymakers ... Read More

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