Interview: Why unemployment fell, even though jobs were lost in July
FEAR & GREED | Business News - A podcast by Fear and Greed
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The economy lost almost 41,000 jobs in July - but the unemployment rate fell to a new 48 year low of 3.4%.Jarden Australia Chief Economist Carlos Cacho explains why the participation rate is so significant, and what it all means for the Reserve Bank's decisions on interest rates.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.