Murray Olds: Australian correspondent on Australia's unemployment rate reaching 4.5 percent
Heather du Plessis-Allan Drive · Newstalk ZB
October 16, 20254m 53s
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Show Notes
Australia's unemployment rate jumped to 4.5 percent in September - up from 4.3 percent in August, according to new reports.
This is the highest seasonally adjusted unemployment rate recorded since November 2021.
Australian correspondent Murray Olds says this will likely put extra pressure on the Reserve Bank to make another interest rate cut.
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Topics
Australiaunemployment