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Unemployment · AustraliaSYDNEY (Reuters) -Australian employment rose only marginally in June as the jobless rate jumped to the highest since late 2021, showing perhaps the first crack in what had been an unusually resilient labour market that adds to the case for a rate cut next month. Investors sent the Australian dollar down 0.5% to $0.6493, while three-year bond futures rallied 9 ticks to 95.57. Swaps now imply a 83% probability for a cut in interest rates next mont…See the Story
Australia Unemployment Rate Jumps to 3-1/2-Year High in June
43% Right coverage: 14 sources