Australia’s unemployment picture worsened, exacerbating the central bank’s dilemma over whether to give the economy a boost by further cutting interest rates, or to back off to avoid fanning inflation and prevent a surging property market from overheating.
The number of people in full-time work fell by 22,600 in December, government data showed Thursday, capping the worst year for jobs growth in almost two decades.
And…
Original post: Australian Employment Tumbles
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