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Jobs, retail turnover stats paint gloomy picture

Jobs, retail turnover stats paint gloomy picture

Australian job vacancies are continuing to slow just as retail turnover languishes, latest figures from the Bureau of Statistics show, just days after interest rates were slashed.

  • Shared by MyBusiness
  • July 05, 2019
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Following two successive monthly cuts to interest rates by the Reserve Bank — citing a need to support employment — the ABS’ jobs vacancies data for May 2019 showed a marked slowdown experienced in recent months continuing.

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