-
Full-time work collapse may spark RBA cuts
Full-time work is rapidly disappearing in Australia and paving the way for further interest rate cuts, economists warn, even as latest data shows a drop in the nation's unemployment rate. Australia's unemployment rate fell to 5.6 per cent in September, from 5.7 per cent in August, it's lowest level in three years. But the fall has been driven by a drop in people looking for work, while the trend towards part-time employment also continued. The number of people in full-time jobs fell by 53,000, while only 43,000 gained part-time work, according to Australian Bureau of Statistics figures for September, released on ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Oct 20, 2016 11:11pm Oct 20, 2016 11:11pm
- papaizo
- | Joined Dec 2015 | Status: Member | 46 Comments
- Comment #2
- Quote
- Oct 20, 2016 11:27pm Oct 20, 2016 11:27pm
- lioslim
- Joined Oct 2011 | Status: just me | 95 Comments
- Comment #3
- Quote
- Oct 21, 2016 1:11am Oct 21, 2016 1:11am
- Aussi
- Joined Sep 2013 | Status: Member | 4050 Comments | Online Now
NEVER WINNING A TRADES MUST BE HARD