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Australia’s unemployment rate declines to 4 per cent in May

Australia’s unemployment rate declines to 4 per cent in May

Australia’s headline unemployment rate was 4 per cent in May, down 0.1 percentage points from April. The unemployment rate declined slightly because employment rose by 40,000 people in May, and the number of officially unemployed people fell by 9,000. The Bureau of Statistics says in April there had been more unemployed people than usual who...

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Australian unemployment rate seen easing to 4.0% in May despite tepid job creation

Australian unemployment rate seen easing to 4.0% in May despite tepid job creation

The Australian Unemployment Rate is foreseen to contract to 4% in May. Employment Change expected to remain tepid, up by 27.5K in the month. AUD/USD set to run to fresh multi-month highs with an upbeat report. Australia is set to release the May employment report on Thursday at 1:30 GMT. The Australian Bureau of Statistics (ABS)...

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Baby boomers are sharing offices with Generation Z — and they’re learning plenty from each other

Baby boomers are sharing offices with Generation Z — and they’re learning plenty from each other

In short: Four generations of Australians are now regularly working together. The achievement has been unlocked by the expansion of ‘knowledge workers’ and the services sector. What’s next? Generation Alpha is about to finish high school. That will mean a workforce spanning five generations in some companies. Never before have Australian workers toiled alongside colleagues so many...

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Will the expected increase in Australian unemployment rate impact RBA rate outlook?

Will the expected increase in Australian unemployment rate impact RBA rate outlook?

The Australian Unemployment Rate is expected to continue rising in April. Employment Change could post a modest improvement after March’s slump. AUD/USD could run past 0.6700 on an upbeat employment report.  Australia will publish the April employment report on Thursday at 1:30 GMT. The Australian Bureau of Statistics (ABS) is expected to announce the country...

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One state dominates the top 10 places to live in Australia, new data shows

One state dominates the top 10 places to live in Australia, new data shows

Sydney’s northern beaches ranks as the highest in the nation for wellbeing, with only one Queensland city making it to the top 10, the annual index revealed today. The Australian Capital Territory came in second due to its low gender wage gaps, climate change risks and the division of wealth. Australia’s capital city, Canberra, ranked...

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