50 year low for unemployment, ASX surges, Microsoft sacks thousands.

Friday 20 January 2023

Australia’s unemployment rate stays around a 50 year low. The local share market surges as US investors fear a recession. And Microsoft becomes the latest tech company to shed thousands of jobs.

Australia’s unemployment rate stays around a 50 year low. 

Also today:

• The local share market surges as US investors fear a recession. 
• New Zealand Prime Minister Jacinda Ardern announces her shock resignation
• And Microsoft becomes the latest tech company to shed thousands of jobs.

Plusdon’t miss the latest episode of How Do They Afford That?

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