Fine Radar
The News Hub
Browsing Tag

jobs market

Unemployment up despite 55k jobs boost

The jobless rate rose in October despite the economy adding a bumper 55,000 new jobs, doubling economists’ forecasts.The unemployment rate returned to 3.7 per cent last month, up from 3.6 per cent in September, according to seasonally…

New mortgage cliff risk looms for Aussies

Despite catastrophic predictions of the fixed rate mortgage ‘cliff’ that has generated headlines for months and sowed fears of widespread defaults and increasing arrears, household borrowers have, so far, weathered the interest rate…

Labor to unveil $17bn savings boost

Tuesday’s budget is set to reveal that more than $17 billion in savings will be diverted in order to fund a suite of higher-priority measures. While the Treasurer has remained tight lipped over whether he’ll hand down the first surplus…

Fears workers are squandering job boom

Australians are holding back from finding a better job despite record-low unemployment and a tight jobs market that has employers bending over backwards to get people in the door. Despite the perception that many people are changing jobs,…

Inflations continues to soar in US

Inflation ran hotter than expected in September, continuing to squeeze US households and worsen a political headache for US President Joe Biden with just one month until midterm elections.The Labor Department said Thursday that the consumer…