Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
Jacob Shteyman

Why shock drop in jobs won't shift RBA rate cut bets

An April rate cut is most likely off the cards, despite a surprise fall in jobs. (Joel Carrett/AAP PHOTOS)

More Australians lost a job than found one for the first time in 10 months, in a development that has surprised economists and will keep the Reserve Bank on its toes.

However analysts don't expect the shock result to have much bearing on the chances of further interest rate cuts.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.