Australia’s Labor Market Surges, Increasing Odds for RBA Rate Increase : Analysis

In a seemingly positive close to 2025, Australia’s employment landscape showed remarkable resilience, with significant job gains that have economists predicting tighter monetary policy from the Reserve Bank of Australia (RBA) as early as February. The latest figures from the Australian Bureau of Statistics reveal a robust addition of 65,200 positions in December, predominantly in full-time employment.This rebound follows a sluggish November, underscoring the economy‘s underlying strength amid ongoing challe ...