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1.Market Observations, 8.Was Sticky

4 Nov 2016 (AFR) – RBA says labour market not as healthy as it looks

(4 November 2016, AFR, p6, by Jonathan Shapiro)

‘Australia’s labour market is not as healthy as it seems. That’s the conclusion of the Reserve Bank’s analysis of employment data presented in its semi-annual statement of monetary policy. It explains that even as the economy adds more jobs, the Reserve Bank may still be more likely to cut rates, rather than raise rates. ‘

Read more (and see the graph of employment rate) at AFR.com (might need AFR login access, or try: AFR.com/trial)

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