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Job losses, rising incomes and the next rates decision

Job losses, rising incomes and the next rates decision

FromMaking Money Easy


Job losses, rising incomes and the next rates decision

FromMaking Money Easy

ratings:
Length:
18 minutes
Released:
Aug 20, 2023
Format:
Podcast episode

Description

There's been a slight increase in the number of unemployed people (36,000 people) but there's also slight positive. Putting up interest rates while unemployment is worsening, is unlikely to sit right with the Reserve Bank. The economists this episode explain why. We also examine the latest average weekly earnings. They're on the rise. So which state is performing best? Which job? And women are ticking ahead - we reveal why. With jobs and earnings data now to consider - we explain what's likely to happen at Philip Lowe's last RBA board meeting as Governor. AMP Australia Deputy Chief Economist Diana Mousina and St George Bank Senior Economist Jarek Kowcza join Gillian for this look under the economic hood.See omnystudio.com/listener for privacy information.
Released:
Aug 20, 2023
Format:
Podcast episode

Titles in the series (98)

Hosted and created by Senior Finance Reporter Gillian Bowen, Making Money Easy looks at finance and economic news and, with the help of some prominent economists and experts, breaks it down to what you need to know. The discussions in this podcast do not refer to your individual circumstances and do not give individual financial advice. You should seek your own independent advice, relevant to you, when making financial decisions.