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The ‘messy’ trend behind Australia’s rising unemployment is worrying economists

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The RBA is holding fire on further rate cuts until it is confident that inflation is easing. But the latest jobs data complicates matters

As Jim Chalmers moves among the global elite during the G20 talkfest with fellow finance ministers and big-time investors in Washington this week, he will be spruiking Australia’s enviable economic performance over recent years.

A particular point of pride has been the strength of the labour market.

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