Well, we got the December 2024 data on unemployment today, and overall Australia’s unemployment rate remained low in December as the economy extended a streak of hiring gains, underlining the labor market’s unusual resilience to elevated interest rates. Employment jumped by 56,300 — driven entirely by part-time roles — versus a forecast 15,000 gain. The … Continue reading "We Are Rolling In Jobs, Jobs, Jobs… But…!"
Well, we got the December 2024 data on unemployment today, and overall Australia’s unemployment rate remained low in December as the economy extended a streak of hiring gains, underlining the labor market’s unusual resilience to elevated interest rates. Employment jumped by 56,300 — driven entirely by part-time roles — versus a forecast 15,000 gain. The … Continue reading "We Are Rolling In Jobs, Jobs, Jobs… But…!"
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