Oz Blog News Commentary

Better jobs, not wages

July 21, 2017 - 10:15 -- Admin

Via UBS: Overall, employment remains very strong & clearly improved in recent months, with 2% y/y the best in over 2 years, ~consistent with positive lead indicators. Unemployment also fell in recent months to a cycle low of 5.6%. This supports the RBA’s ‘positive’ outlook in their minutes. But, the onus is on jobs and

The post Better jobs, not wages appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]