{"id":199454,"date":"2025-10-09T04:08:08","date_gmt":"2025-10-09T04:08:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/199454\/"},"modified":"2025-10-09T04:08:08","modified_gmt":"2025-10-09T04:08:08","slug":"more-rate-cuts-coming-as-jobs-market-breaks-down","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/199454\/","title":{"rendered":"More rate cuts coming as jobs market breaks down"},"content":{"rendered":"<p>It appears that the government-funded jobs printer of the Albo era is slowing faster than the crushed private sector economy of the Albo era can catch up.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/10\/1-6.png\" width=\"1125\" height=\"448\"\/><\/p>\n<p>Public spending has been much more labour-intensive than private spending, given its focus on the bedpan economy.<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/10\/17.png\" width=\"1137\" height=\"444\" decoding=\"async\" loading=\"lazy\"\/><\/p>\n<p>Advertisement<\/p>\n<p>There is mounting evidence that this is resulting in a softening labour market. Yesterday, the ANZ-Indeed job ads index cracked a new downtrend.<\/p>\n","protected":false},"excerpt":{"rendered":"It appears that the government-funded jobs printer of the Albo era is slowing faster than the crushed private&hellip;\n","protected":false},"author":2,"featured_media":199455,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-199454","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/199454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=199454"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/199454\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/199455"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=199454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=199454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=199454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}