"It's jobs, stupid," to paraphrase Bill Clinton — and this week's employment data may prove pivotal in the debate over where interest rates should be heading.
JOBS
Australian employment surged again in January despite a large increase in the size of the labour force, leaving the unemployment rate steady at 5%.
Figures provided to The Age and Sydney Morning Herald by global job search website Indeed shows Australian project managers, teachers, nurses and accountants ar…
At a time when Australians has been shown to be number one in the world when it comes to highest median wealth and when all the economic fundamentals are pointi…
Employment surged in October as the central bank's record-low interest rates spurred hiring, while the jobless rate remained at a six-year low despite an expand…
Two sets of numbers hit the trading screens last week which would have brought little joy to our monetary mandarins.
For the Reserve Bank to raise interest rates because unemployment has fallen to 5% would be a missed opportunity at best, and dangerously silly at worst.
Australia's unemployment rate has dropped to 5 per cent, the lowest level recorded since April 2012.
A collapse in overseas migration into Australia could act as a major drag on the property market and the economy for years, latest analysis warns.
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