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Murray Olds: Australian correspondent on Australia's unemployment rate reaching 4.1 percent

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