Hang Seng Index climbs as Fed rate cut hopes drive tech stocks; real estate lags amid China stimulus anticipation.
The Labour Secretary also emphasised the government's efforts to improve EPFO services to enhance the ease of living.
The unemployment rate has “surprisingly tipped lower” to 3.9 per cent from 4.1 per cent in the month of November, according to Sky News Business Editor Ross Greenwood.
Much stronger than expected job figures out in November could push out rate cut expectations, as the Australian economy remains resilient to higher for longer interest rates.
Australia’s Unemployment Rate came in at 3.9% in November, compared with the previous figure of 4.1%, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday.
Sky News Business Reporter Edward Boyd breaks down economist expectations for the nation’s unemployment rate. The November numbers for Australia’s unemployment rate will be released by the Australian ...
On Wednesday, the central bank announced a jumbo rate cut—its fifth cut in a row since June—and signalled a slower pace for ...
Although one single data point is never decisive, when inflation is high, the Fed generally raises interest rates to ...
The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of ...
The past government had been relying on international definitions and standards that are over four decades old to measure labour data, painting a rosy picture of low unemployment and an improved ...
Australian shares are set to open higher. The magnificent seven rallied. US CPI data bolsters December rate cut probability.
The Bank of Canada is poised to cut its key policy rate by another 50 basis points on Wednesday as weak unemployment numbers ...