Interview: Why unemployment fell, even though jobs were lost in July
FEAR & GREED | Business News · Fear and Greed
August 18, 202210m 49s
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Show Notes
The economy lost almost 41,000 jobs in July - but the unemployment rate fell to a new 48 year low of 3.4%.
Jarden Australia Chief Economist Carlos Cacho explains why the participation rate is so significant, and what it all means for the Reserve Bank's decisions on interest rates.
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