Australian labour market – weaker and may now be falling in line with the weaker spending and GDP growth

Created
Thu, 14/11/2024 - 12:20
Updated
Thu, 14/11/2024 - 12:20
Today (November 14, 2024), the Australian Bureau of Statistics released the latest – Labour Force, Australia – for October 2024, which shows that employment growth was very weak and may signal that the labour market is finally slowing in line with overall spending and GDP growth. Employment growth failed to keep pace with the underlying…