Australian employment rose by 76,300 in June, continuing the previous month's gains. This indicates ongoing strength in the labor market. The strong data has increased speculation that the Reserve Bank of Australia may raise interest rates again.
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Australian employment surged in June.
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Australian employment surged in June.
BloombergAustralian employment surged in June, extending the previous month’s gains, underscoring the ongoing strength in the labor market and stoking bets on another interest-rate increase.
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Australian employment surged in June.
BloombergThe labor market is exhibiting ongoing strength.
OpinionThe employment data is stoking bets on another interest-rate increase.
PredictionThe June gains extend the previous month’s gains.
Bloomberg