You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

17 Mar 2017 (AFR) – Softer jobs may delay RBA on rates – Unemployment surge complicates RBA interest rate plans

(17 March 2017, AFR, p1, by Jacob Greber)

‘A stumbling labour market sent the jobless rate rising to a 13-month high of 5.9 per cent last month, complicating Reserve Bank of Australia plans to follow the US Federal Reserve’s official interest rate hikes to cool a resurgent property market. ​In a set-back for investors betting on Reserve Bank rate hikes in 2017, the Australian Bureau of Statistics reported on Thursday the first fall in employment in five months, down by 6400 jobs, and the longest jobless queue in almost a year.’

Read more at (might need AFR login access, or try:


About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: