Too good to be true? Employment spike exceeds expectations
Unemployment dropped in a big way in February, so is the Australian economy now out of the woods?
On this episode, Greg Jericho discusses the link between unemployment and recessions, what message the data holds for the Reserve Bank and why Treasury should hold off on the party poppers – at least for now.
Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed.
Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut
Producer: Jennifer Macey // @jennifermacey
Additional editing: Emily Perkins
Theme music: Blue Dot Sessions
We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.
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