December 4, 2022

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ANZ analysts see the unemployment rate ‘sharply lower’ soon

1 min read

ANZ link together two economic indicators foir the view:

  • In NAB’s May business survey, capacity utilisation held close to April’s record high, remaining above 85%. 
  • Consistent with ANZ Job Ads
  • this suggests sharply lower unemployment in the near term

For more on what those data is saying:

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