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Why Aussie unemployment will jump

March 28, 2024 - 10:00 -- Admin

CBA’s head of Australian economics, Gareth Aird, has released a research note explaining why the latest unemployment print of 3.7% is way out of kilter with the economy. Aird expects the nation’s unemployment rate to rise over 2024 to 4.5% by year’s end, which would be 0.2% higher than the Reserve Bank of Australia’s (RBA)

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