Jobs market holds ground despite rise in unemployment
by @MichaelWestBiz
@MichaelWestBiz— Australia’s labour market is still in pretty good shape despite the economy shedding jobs and the unemployment rate edging higher. A more muted result was widely expected in the Australian Bureau Statistics’ March labour force data following a stellar set of numbers in February. The jobless rate in March ticked higher to 3.8 per cent, […]
The Guardian—Australia’s unemployment rate rises to 3.8% in March as employers shed more than 6,000 jobs. Reserve Bank and Treasury had predicted unemployment rate would rise from February’s 3.7% as interest rates biteFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastAustralia’s economy shed 6,600 jobs last month as employers responded to weak demand by trimming staff numbers.The unemployment rate in March was 3.8%, the Australian Bureau of Statistics announced on Thursday, rising from February’s 3.7%.Sign up for Guardian...
Kiplinger—Stock Market Today: Markets Tumble Amid Slower Economic Growth and Rising Prices. Disappointing readings on GDP and inflation helped tank equities.
WSJ—Stock Market News, April 23, 2024: Nasdaq Closes Higher; Tesla Stock Rises Post-Market. These stocks are all rallying early Tuesday, amid a flurry of earnings reports and a little M&A news. ↗️ Tesla (TSLA): All eyes are on the [EV maker's earnings](https://www.wsj.com/livecoverage/stock-market-today-earnings-04-23-2024/card/tesla-repo