Tight jobs market adds to pressure on Reserve Bank to accelerate rate rises - Sydney Morning Herald

The number of people looking for a job or underemployed has dropped to its lowest level in 40 years as the unemployment rate remains steady at 3.9 per cent.

The RBA this month lifted the official cash rate by half a percentage point to 0.85 per cent and flagged more increases as it works to curb inflation, which it expects to near 7 per cent by the end o… [+2564 chars]

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