{"id":278683,"date":"2025-11-11T23:50:15","date_gmt":"2025-11-11T23:50:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/278683\/"},"modified":"2025-11-11T23:50:15","modified_gmt":"2025-11-11T23:50:15","slug":"rbas-unemployment-forecast-already-shot-to-pieces","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/278683\/","title":{"rendered":"RBA&#8217;s unemployment forecast already shot to pieces"},"content":{"rendered":"<p>The Reserve Bank of Australia\u2019s (RBA) latest Statement of Monetary Policy (SoMP) revised its medium-term unemployment rate forecast to 4.4%, up from 4.3%.<\/p>\n<p>As illustrated below by Alex Joiner from IFM Investors, the RBA\u2019s unemployment rate forecast to the end of 2027 is slightly lower than the current unemployment rate of 4.5%:<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/11\/RBA-unemployment-forecast.png\"\/><\/p>\n<p>Therefore, the RBA expects the unemployment rate to decline marginally from its current level over the next several years.<\/p>\n<p>Advertisement<\/p>\n","protected":false},"excerpt":{"rendered":"The Reserve Bank of Australia\u2019s (RBA) latest Statement of Monetary Policy (SoMP) revised its medium-term unemployment rate forecast&hellip;\n","protected":false},"author":2,"featured_media":151563,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-278683","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\/278683","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=278683"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/278683\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/151563"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=278683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=278683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=278683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}