Money

Shrinking job ad numbers suggest uneven labour market

Published

6 months ago

November 13, 2023

ticker NEWS

The number of job advertisements in Australia has seen a notable decline, indicating a potential shift in the labour market dynamics.

Recent data reveals a decrease in job ads across various industries, signalling a possible improvement in the employment scenario.

In the past month, job postings in sectors such as hospitality, retail, and manufacturing have fallen by 5%, reflecting the ongoing challenges in these sectors due to the pandemic.

The jobless rate has been tracking at very low levels and fell 0.1 percentage points to 3.6 per cent in September, based on official Australian Bureau of Statistics data.

However, this decline is not uniform, as some industries, like technology and healthcare, continue to experience steady job growth.

Economists suggest that this drop in job advertisements could be linked to several factors.

The government’s furlough scheme tapering off has led to increased confidence among employers to retain existing staff and focus on stabilizing their workforce. #featured

Money

Why the meme-stock frenzy is unlikely to repeat

Published

2 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

3 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

3 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending