What to Expect From Australia's Jobs Numbers

What to Expect From Australia's Jobs Numbers

Assessment

Interactive Video

Business, Architecture, Performing Arts, Life Skills

University

Hard

Created by

Quizizz Content

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The video discusses Australia's job market, highlighting the addition of jobs and rising unemployment rates due to increased labor market participation. It explores economic challenges like high household debt and sluggish wage growth, and the impact of the platform economy on productivity. Business confidence is supported by global growth, but labor costs remain low. The Reserve Bank of Australia (RBA) is expected to hold rates steady until late 2019, with future rate hikes dependent on economic conditions and currency adjustments.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the platform economy on productivity and labor force matching?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the global economic environment influence business confidence in Australia?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What conditions are expected to lead to interest rate hikes by the RBA in the future?

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