Australia’s Surprising Jump in Unemployment Trims Rate-Hike Bets
Australia’s unemployment rate unexpectedly climbed in April, suggesting the labor market is beginning to cool in response to rising interest rates and an energy shockwave from the Middle East conflict.
Australia's unemployment hits high
- Unemployment climbs to highest level in almost five years Sydney Morning Herald —
- Australia’s unemployment rate jumps to 4.5% in ‘tentative signs labour market is buckling’ The Guardian —
- Australia’s unemployment rate climbs to 4.5%; May flash PMI signals contraction, inflation expectations ease Seeking Alpha —
- Australian unemployment rate reaches five-year high Sydney Morning Herald —
- Breaking: Unemployment rate jumps to 4.5 per cent ABC News —