Australia’s June jobs jump beyond forecasts, unemployment still up

Q: How long will it take to read this news story?

The story "Australia’s June jobs jump beyond forecasts, unemployment still up" has 577 words across 24 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Australia’s June jobs jump beyond forecasts, unemployment still up" was covered 2 hours ago by The Straits Times, a news publisher based in Singapore.

Q: How trustworthy is 'The Straits Times' news outlet?

The Straits Times is a fully independent (privately-owned) news outlet established in 1845 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 20 news stories per day. It's most recent story was published 1 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21669625</li><li>URL: https://beamstart.com/news/australias-june-jobs-jump-beyond-17212761253735</li></ul>

The Straits Times 2h ago

Australia’s June jobs jump beyond forecasts, unemployment still up - The Straits Times

Quick Summary:

The mixed report leaves open the question of whether interest rates need to rise further.

Much will depend on the second-quarter consumer price report due on July 31, where inflation is expected to edge higher and come in above the central bank’s own forecasts.

As a result, swaps have scaled back their bets of another hike from the RBA this year, although the first easing is not likely until mid next year as interest rates here have not risen as much as in other countries.