What to Expect From Australia's Jobs Numbers
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Business, Architecture, Performing Arts, Life Skills
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University
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Hard
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7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the two main drivers of increased labor market participation in Australia?
Technological advancements and automation
Higher wages and better working conditions
Government incentives and tax cuts
Immigration and domestic participation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main economic challenges faced by Australia according to the transcript?
Rapid inflation
Low household debt
Sluggish wage growth
High unemployment rate
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the platform economy affected the labor market in Australia?
Increased high-skilled job opportunities
Decreased labor force participation
Matched labor force with lower-skilled services
Reduced overall employment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected impact of the global economic environment on Australian business confidence?
Decrease in business confidence
No impact on business confidence
Increase in business confidence
Fluctuating business confidence
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the anticipated timeline for the RBA to consider rate hikes?
First half of 2018
Second half of 2019
First half of 2019
End of 2018
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the reasons for the RBA to remain on hold with rate hikes?
Rapid economic growth
High inflation rates
Weak labor cost trends
Strong wage growth
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What adjustment is expected for the Australian dollar to support growth?
Appreciation against the US dollar
Volatility in the currency market
Stability against major currencies
Depreciation on a trade-weighted basis
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