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Interest rates: Australian unemployment rate sparks grim prediction of May mortgage payment spike

A red hot labour market with a near 50-year low of 3.5 per cent is expected to put pressure on the Reserve Bank to hike interest rates at its next board meeting

Sean langcakeShane oliverJim chalmersLauren fordReserve bank

Unemployment rate sticks at 3 5 per cent

About 53,000 people found jobs last month, beating expectations and suggesting Australia's labour market still has plenty of.

Lauren fordAustralian bureau of statisticsAustralian bureau

Unemployment rate holds steady as Australian employers add 72,000 full-time jobs

At 3.5% the unemployment rate remains near its lowest since the mid-1970s

Sean langcakeLauren fordInternational monetary fundAustralian bureau of statisticsAustralian bureau

Australia s unemployment rate remains flat at 3 5 per cent

New data from the Australian Bureau of Satistics (ABS) showed that in March 2023 around 53,000 Australian f.

Philip loweLouise kennerleyLauren fordAustralian bureau of statisticsAustralian bureauReserve bank

SA s unemployment rate hits new low

South Australia's jobless rate in March has fallen to another new low, breaking the record set the previous month.

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