Unemployment Rate 2024 Australia

Unemployment Rate 2024 Australia. The major bank has brought forward its expectation of when the reserve bank of australia (rba) will start cutting interest rates. In trend terms, in may 2024:

The unemployment rate is rising gradually, many households and businesses are under pressure and the lagged effects of monetary policy are uncertain. Of the 14.5 million employed people in may 2024, 1.7 million were underemployed.