Murray Olds: Australian correspondent on Australia's unemployment rate dropping to 4.1 percent
Heather du Plessis-Allan Drive · Newstalk ZB
October 17, 20244m 55s
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Show Notes
Over in Australia, unemployment rates have dropped to 4.1 percent - making a pre-Christmas cut to interest rates less likely.
The economy added 64,100 more jobs last month, 51,600 of which were full-time roles.
Australian correspondent Murray Olds says this is good news for some people - but the reduced odds of a rate cut will put strain on homeowners.
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Topics
unemploymentAustraliabusiness