Jukka Viljanmaa, Senior Investment Manager, takes a closer look at the monthly labour force data, the underlying employment conditions, and what we can expect from unemployment rates over the coming months.
As the Reserve Bank of Australia (RBA) again kept rates on hold in August 2021, Senior Investment Manager for TPT Wealth, Jukka Viljanmaa explains the labour market will have to tighten further, and wage growth rise significantly, before investors see cash rate increase.