Unemployment may jump a little but labour market remains solid

Sun, 03 Feb 2019

By Jenny Ruth Feb. 4 (BusinessDesk) - Economists are expecting the unemployment rate nudged a little higher in the December quarter, perhaps reaching 4.2 percent from 3.9 percent in the September quarter. The figures, due for release on Thursday, will bounce a little because the September quarter numbers probably overstated the recent improvement, economists expect. “The September quarter was much stronger than expected right across the board,” says Mark Lister, head of wealth research at Craigs Investment partners. For example, the...

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