
Murray Olds: Australian correspondent on Australia's unemployment rate reaching 4.1 percent
Heather du Plessis-Allan Drive · Newstalk ZB
July 18, 20245m 37s
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Show Notes
Over in Australia, the unemployment rate rose to 4.1 percent in June.
This is a higher figure than economists had predicted - and surpassed the previous figure of 4 percent.
Australian correspondent Murray Olds says this has prompted concern regarding interest rates, as the Reserve Bank might have to factor this in for their next announcement.
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Topics
AustraliaunemploymentOCRrate hikes