Economic crisis: rising unemployment rate and the downfall of large employers | Today Show Australia
By TODAY
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Australian jobless rate unexpectedly climbs to 4.6%, reaching its highest level since 2021. AFR Economics Editor John Kehoe analyses what this means for interest rates and the Reserve Bank of Australia (RBA). Major Australian department store David Jones faces potential insolvency as rising business costs and inflation hit retail. | Subscribe and š: http://9Soci.al/KM6e50GjSK9 | Get more breaking news at nine.com.au FOLLOW 9News Australia āŗ Facebook: https://www.facebook.com/9News/ āŗ Twitter: https://twitter.com/9NewsAUS āŗ Instagram: https://www.instagram.com/9news/ Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world. #BREAKINGNEWS #9NEWS #AUSTRALIA
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