
Economic data at risk from budget cuts: ABS
Crucial data about the nation’s economy, jobs market and population may not be produced if the Australian Bureau of Statistics continues to lose funding, the authority’s leader has warned.
Crucial data about the nation’s economy, jobs market and population may not be produced if the Australian Bureau of Statistics continues to lose funding, the authority’s leader has warned.
South Australia’s unemployment rate increased last month from 5.7 to 5.9 per cent, with 4700 fewer people now working than a month ago, in seasonally adjusted terms.
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Australia’s inflation should remain soft in the December quarter, but that’s unlikely to sway the Reserve Bank to cut interest rates.
Thousands of jobs around the state are waiting to be filled as South Australia continues to record the highest unemployment rate in the country, despite a slight fall for December.
South Australia and New South Wales have recorded the nation’s highest drops in unemployment in November.
Predictions of a slight rise in today’s national employment rate for November come as University of Adelaide analysis suggests SA’s jobless prognosis is not quite as ominous as expected.