Murray Olds: Australia Correspondent on job market reports

Australia's unemployment rate rose over 4% as the country added more than 43,000 full-time jobs

Economists had previously expected 20,000 roles but the job-market is significantly tighter than thought to be.

Australia Correspondent Murray Olds told Mike Hosking the cost of living is biting harder too.

He says more people are looking for extra work and wish to work longer hours, but explains that could cause some problems next month when the Reserve Bank contemplates new cash rates and interest rates

 

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