RBA Unlikely To Raise Interest Rates As Australia’s Unemployment Rate Hits 4.1%
As Australia’s unemployment rate in April jumped to 4.1% from a 3.9% in March, it diminished another chance for a hike in interest rate by the Reserve Bank of Australia (RBA). While the official number of unemployed people increased by 30,300 last month, the number of employed people increased by 38,500. “A 30,000 people increase … Read more
