Australia's job market just threw a curveball. Unemployment rates? Flat. But here's the twist—the economy actually lost jobs while fewer folks bothered looking for work. Classic signs of a cooling labor market.
What does this mean for the Reserve Bank? They might just keep hitting that pause button on rate hikes. When employment softens and job-seeking drops, central banks typically hold their fire. Less wage pressure, less inflation anxiety.
For anyone tracking macro trends, this gradual loosening could signal a shift in monetary policy stance down under. Worth watching how this plays out across risk assets.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
6
Repost
Share
Comment
0/400
bridgeOops
· 12-14 00:44
Australian employment data is playing around... The unemployment rate hasn't changed, but job positions are decreasing, and there are fewer people looking for work. Isn't this a sign of an impending recession?
View OriginalReply0
Deconstructionist
· 12-13 19:39
Australia's move this time is quite ruthless—unemployment rate didn't change, but jobs are gone? That logic... RBA has to stay honest and stay put.
View OriginalReply0
PoolJumper
· 12-11 01:14
This move in Australia is quite bold. The unemployment rate hasn't changed, but job opportunities are evaporating... Is this a prelude to interest rate cuts?
View OriginalReply0
HypotheticalLiquidator
· 12-11 01:11
Australia's current situation is outrageous. The unemployment rate appears stable on the surface, but it's actually a trap... the economy is losing jobs, and the number of job seekers is shrinking. This is just the prelude to deleveraging.
The central bank presses the pause button? Don't be fooled. When the easing cycle begins, how will borrowing rates move? The dominoes have already been set up.
With such a low risk control threshold, the liquidation price isn't far away. Keep a close eye on volatility.
View OriginalReply0
BrokenDAO
· 12-11 01:01
I've seen this approach many times in Australia... unemployment rate remains unchanged, but jobs are disappearing underneath, and job seekers have also given up. A typical sign of recession, the central bank is probably playing a delaying game.
Is the central bank hitting the pause button? Wake up, this essentially admits that growth has stalled. Once the incentive mechanism is misaligned, lowering interest rates is the only way out; there are no other game equilibrium options. I believe in human self-redemption...
The unemployment rate data is being manipulated, and the participation rate in job seeking is declining—that's the real story. Human nature is like this: when the numbers look good, people tend to ignore the truth.
View OriginalReply0
TeaTimeTrader
· 12-11 00:48
Australia's move is interesting; the unemployment rate hasn't changed but jobs are shrinking... Doesn't it seem like the central bank is about to give up?
---
Is this just another hype about rate cuts? Can we trust risk assets at this time?
---
Are people not looking for jobs because there are fewer opportunities? That's more painful than outright layoffs.
---
Wait, does employment contraction benefit the stock market? I feel something's a bit off.
---
Australia's central bank is about to follow with a rate cut, another round of exchange rate drama is coming.
---
Behind the stable unemployment rate is people giving up; this data is somewhat misleading, isn't it?
---
Let's see how risk assets perform later... I feel there's a lot of water in this employment data.
---
Not looking for work still counts as "employment stability"? The data is really interesting.
---
Cold market and stopping interest rate hikes—does the RBA admit defeat?
Australia's job market just threw a curveball. Unemployment rates? Flat. But here's the twist—the economy actually lost jobs while fewer folks bothered looking for work. Classic signs of a cooling labor market.
What does this mean for the Reserve Bank? They might just keep hitting that pause button on rate hikes. When employment softens and job-seeking drops, central banks typically hold their fire. Less wage pressure, less inflation anxiety.
For anyone tracking macro trends, this gradual loosening could signal a shift in monetary policy stance down under. Worth watching how this plays out across risk assets.