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Breaking Posted 9 hours ago

Australia Employment Falls 15.8K in July; Economists Expected 12K Gain

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Australia's July employment contracted by 15.8K, reversing expectations of a 12K gain and sharply reversing June's 76.3K increase. This major miss signals labor-market weakness and reduces near-term RBA rate-hike odds, pressuring AUD pairs lower across the board.
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9 hours ago

Australia July employment falls 15.8k, misses forecast gain

Australia's seasonally adjusted employment declined 15.8k in July, sharply missing the expected 15.0k increase. This unexpected weakness in the labor market signals slowing job creation and could prompt rate-cut expectations, pressuring AUD lower against safe-haven currencies and the US dollar.

https://x.com/financialjuice/status/2090250157577183308
What are your thoughts?

Replies

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T
@tony_xhan · 40 minutes ago

Government services are gonna be more constricted in future than they are today

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@mercury01 · 42 minutes ago

Saddening numbers for any concerned Australian: national Debt at $1 Trillion, of a population of 28 million that laves $35,700 debt per person and all for what?

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@sandy20 · 39 minutes ago

Blame the opposition government, they racked up most of this debt

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@purple_hills · 44 minutes ago

Worst government since Whitlam.

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R
@robert_sondreli · 46 minutes ago

How about Australia stop buying subs from the USA and try building theirs? How about they stop relying on taxing their citizens to death?

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C
@chris_4eva · 45 minutes ago

They are on the right track, they have started taxing gas

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@sandy20 · 38 minutes ago

How about you shut up and stop whining?

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S
@sizwe_twala · 49 minutes ago

Thousands of Australians lost their jobs in July due to the unholy war against part-time jobs

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X
@xellow · 1 hour ago

If we used the old ways of measuring unemployment, the true figure would surpass 25%

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M
@martini_schwarzwald · 1 hour ago

Aussie in $1T debt

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J
@josiah_edem · 1 hour ago

$36 per person

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@pierre_r_carosso · 1 hour ago

They are in debt after wasting money on submarines that are not delivered yet

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L
@liam_calgary · 59 minutes ago

The next generation will have to pick up the bills

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@sizwe_twala · 50 minutes ago

Its actually $36,000 per person

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E
@emma_durban · 1 hour ago

Under Abbott and Morrison unemployment levels were higher than this, in fact they were nearly double so nobody should shed crocodile tears now

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C
@chris_4eva · 1 hour ago

Moving to New Zealand

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