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Financial Newswire — Australia likely to dodge recession, job cuts

Financial Newswire
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.

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