Australia likely to dodge recession, job cuts

Financial Newswire

11/4/2023

Despite staff cuts at Goldman Sachs and Blackrock, there is hope in the Australian market due to a tight labour market and steady unemployment rate. Industries like education, healthcare, and mining are creating jobs but facing skill shortages. With the lowest jobless rate in decades around 3.5%, employers may need to offer higher wages to attract and retain staff. Read more of ASPL’s CEO Kris Grant’s discussion with Financial Newswire on this fascinating topic.

Read the full article here.

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