Unemployment climbs to 5.2pc, putting RBA under more pressure to cut rates  ABC News

Australia's unemployment rate has pushed higher for the second consecutive month, putting pressure on the Reserve Bank's stance that the jobs market needs ...

View full coverage on Google News
It is certainly not the result the Reserve Bank was looking for, with unemployment edging up for the second consecutive month and the number of jobless Australians pushing past 700,000.It is certainly not the result the Reserve Bank was looking for, with unemployment edging up for the second consecutive month and the number of jobless Australians pushing past 700,000.

Unemployment climbs to 5.2pc, putting RBA under more pressure to cut rates - ABC News (Australian Broadcasting Corporation)

The latest jobs data is here ICYMI: Having a look through the Australian Bureau of Statistics report, this on unemployment: Although the graph doesn't show it clearly the 'trend' unemployment rate was unchanged in this latest release from prior (at5.1%).  By Eamonn SheridanThe latest jobs data is here ICYMI: Having a look through the Australian Bureau of Statistics report, this on unemployment: Although the graph doesn

AUD - is the unemployment trend enough to prompt an RBA rate cut in June?

Bloomberg - Are you a robot?

“Australia's unemployment rate rose to 5.2% in April despite twice as many jobs created as pundits were tipping. This is cos new people are trying to join the workforce: mothers, older people & probably teenagers whose parents no longer want to pay for their insta-ready wardrobes!”

Emma Alberici on Twitter: "Australia's unemployment rate rose to 5.2% in April despite twice as many jobs created as pundits were tipping. This is cos new people are trying to join the workforce: mothers, older people & probably teenagers whose parents no longer want to pay for their insta-ready wardrobes!"

“BREAKING: Unemployment up again & SA now has the second highest unemployment rate in Australia.”

Tom Koutsantonis MP on Twitter: "BREAKING: Unemployment up again & SA now has the second highest unemployment rate in Australia."

“Australia's unemployment rate steady at 5.1% as previous month revised upwards. 21,000 new jobs created in April, 15,000 full-time. @9NewsAUS @MoneyNewsShow https://t.co/3knI0Kh8S7”

Ross Greenwood on Twitter: "Australia's unemployment rate steady at 5.1% as previous month revised upwards. 21,000 new jobs created in April, 15,000 full-time. @9NewsAUS @MoneyNewsShow https://t.co/3knI0Kh8S7"

“Australia's unemployment rate rising again? Trend unemployment rate: 5.1% (steady) Seasonally adjusted unemployment rate: 5.2% (up from 5.1%) #auspol #ausecon”

Gareth Hutchens on Twitter: "Australia's unemployment rate rising again? Trend unemployment rate: 5.1% (steady) Seasonally adjusted unemployment rate: 5.2% (up from 5.1%) #auspol #ausecon… https://t.co/nP9fUnTiak"

The AUD/USD pair slipped to 0.6893 - the lowest level since Jan. 3 - on the back of a bigger-than-expected jump in Australia's unemployment rate. The The AUD/USD pair slipped to 0.6893 - the lowest level since Jan. 3 - on the back of a bigger-than-expected jump in Australia's unemployment rate. The

AUD/USD slips below 0.69 as Aussie jobless rate rises to 5.2%

403 Forbidden

Subscribe to read | Financial Times

Another 2.3% print for Australia’s Wage Price Index (WPI) may do little to curb the recent decline in AUD/USD as it puts pressure on the RBA to implement a rate-cut.Another 2.3% print for Australia’s Wage Price Index (WPI) may do little to curb the recent decline in AUD/USD as it puts pressure on the RBA to implement a rate-cut.

Subdued Australia Wage Price Index (WPI) to Keep AUDUSD Under Pressure

Australia’s unemployment rate rose unexpectedly in April, increasing pressure on the RBA to cut official interest rates.Australia’s unemployment rate rose unexpectedly in April, increasing pressure on the RBA to cut official interest rates.

Australian unemployment lifts sharply | Business Insider

The euro retraced earlier losses against the U.S. dollar on Wednesday after administration officials said that U.S. President Donald Trump is expected to delay a decision on tariffs on imported cars and parts by up to six months.The euro retraced earlier losses against the U.S. dollar on Wednesday after admi...

Euro boosted by reports auto tariffs will be delayed - Reuters

NoCookies | The Australian

Bond yields dropped to a fresh record low and the futures market is tipping a 54 per cent chance of a Reserve Bank rate cut in June.Bond yields dropped to a fresh record low and the futures market is tipping a 54 per cent chance of a Reserve Bank rate cut in June.

Australian Financial Review

The jobless rate has edged up to 5.2 per cent, putting pressure on the Reserve Bank of Australia to consider an interest rate cut as early as next month.The jobless rate has edged up to 5.2 per cent, putting pressure on the Reserve Bank of Australia to consider an interest rate cut as early as next month.

A record number of West Australians are now employed, but the State still has the second-highest unemployment rate in the country.A record number of West Australians are now employed, but the State still has the second-highest unemployment rate in the country.

Chevron Down Icon

Forex News - the fastest breaking news, useful Forex analysis, and Forex industry news, submitted from quality Forex news sources around the world.

Forex News @ Forex Factory

Australian shares closed trading higher on Thursday as investors bet the RBA would cut the official cash rate, including HSBC who is now forecasting two cuts by August.Australian shares closed trading higher on Thursday as investors bet the RBA would cut the official cash rate, including HSBC who is now forecasting two cuts by August.

Unemployment rate rises to 5.2 per cent in April, RBA expected to cut interest rates twice this year

Unemployment rate rises: RBA interest rate analysts predict two cuts this year Reserve bank of Australia news