unemployment

Latest NAB hardship data has revealed Australians’ cost concerns and workforce changes to suit.

Household financial stress will ratchet higher as rates increase and would then be impacted by any downturn in the labour market, Westpac Bank has warned.

A higher-than-expected unemployment rate has led markets to alter their forecasts for the next interest rate cut.

Australia’s unemployment rate holds steady, raising uncertainties over the Reserve Bank’s interest rate stance for August.

Unemployment has been cited as one of the main reasons behind mortgage stress, according to CBA’s chief executive.

Waning optimism for the economy is stoking fears of potential job losses, as evidenced by recent data.

The unemployment rate remained flat during August, the latest ABS data has revealed.

Australia’s unemployment rate rose slightly during January as more people waited to enter employment.

The unemployment rate has dropped through November, showing some signs of stabilisation. Despite this, some believe we’re far from normal.

Australia’s labour market has remained tight and resilient despite a large drop in the number of employed people over February.

The ABS has released the latest unemployment rate data, revealing a resilient labour force that surpassed some forecasts from major bank economists.

Data released yesterday (19 June) by the Australian Bureau of Statistics (ABS) revealed that the unemployment rate remained between 3.9 and 4.1 per cent for the past 18 months.

Australia’s job market continues to show resilience, remaining at stable levels seen over the last few months.

Despite the increase in July, the participation rate has reached new records, the latest ABS data has revealed.

Australia’s labour market continues to remain tight, returning to levels seen in previous months, the ABS has found.