Jobs openings data shows US on go slow
JOLTs reinforces the perception of a weakening US jobs market
NAB Morning Call · NAB - The Morning Call
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Thursday 4th September 2025
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
The US job openings (JOLTs) data showed a fall in July (7.2 million down from 7.4 million in June, a number which was also revised down). This has adding to the belief that the US jobs market is getting weaker. NAB’s Ray Attrill joins Phil to talk through the findings and how it has moved tech stocks higher and driven bond yields lower. He also responds to yesterday’s Australian GDP, which came in stronger than NAB’s forecast, but isn’t expected to change the trajectory for RBA cuts. The US Services ISM will be an important number today; in particular, have new orders bounced back after last month’s sharp fall.
Hosted on Acast. See acast.com/privacy for more information.