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Economists are tipping that the total number of people in jobs increased by 5,000 last month, but that the unemployment rate also rose from 4.3 to 4.4 per cent.
Earlier this week, a survey by the ANZ showed there was the biggest monthly fall in jobs advertised in August in nearly eight years.
Chief economist at BT Financial Group Chris Caton says the rate of growth of people finding jobs has remained strong this year, despite weakness in parts of the economy.
"Either this says well there's a range of indicators about the economy and this one's at the strong end of the range, or else what we're seeing is the operation of lags and therefore employment is going to weaken, but it just hasn't weakened yet," he said...
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Common topics in this essay:
- Tipping Point
- Economic Concern: Unemployment Rate
- Estimate of the risk-free rate pf interest ("U.S. 10-year Treasury" bond rate
- Globalisation has increased competition faced by many enterprises. There are resulting pressures to achieve ?world class standards' in people management, operational methods and service delivery"
- Reasons people quit there jobs
- The unemployment rate
- Unemployment Rate
- Unemployment Rate
- UNemployment Jobs
- Canada's Unemployment Rate
- Gladwell's Tipping Point
- Natural Rate of Unemployment
- The Unemployment Rate
- Why Do People Switch Jobs
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