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What a surprise spike in the unemployment rate means for interest rates and the economy

  • Written by The Conversation

The rate of unemployment in Australia is on the rise again. Official labour force data released on Thursday shows that in the month to September, Australia’s seasonally adjusted unemployment rate jumped from 4.3% to 4.5%.

That’s the highest rate since November 2021. The surprise jump strengthens the case for the Reserve Bank of...

Read more: What a surprise spike in the unemployment rate means for interest rates and the economy

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