Unemployment just jumped. It’s unlikely to stop a rate hike
--------------------------------------------------------------------
Source: The Age
Published: 2026-09-24 15:54 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Economy & Finance, Financial Markets, Labour & Workers, Business & Economy
--------------------------------------------------------------------
Snippet:
The unemployment rate has climbed to its highest mark in nearly five years, but lingering inflationary pressures mean weaker labour market conditions are unlikely to stop the Reserve Bank lifting interest rates next week.
--------------------------------------------------------------------