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Jasmine Zheng, senior economist at ANZ Bank: We expect the momentum of the Australian economy to weaken in the next few months as high interest rates continue to dampen demand. As a result, we expect the number of job advertisements to gradually decline. However, given the resilience of the series, we expect the rise in unemployment to be moderate.
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Jasmine Zheng, senior economist at ANZ Bank: We expect the momentum of the Australian economy to weaken in the next few months as high interest rates continue to dampen demand. As a result, we expect the number of job advertisements to gradually decline. However, given the resilience of the series, we expect the rise in unemployment to be moderate.
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