Stephen Koukoulas
speaker
2,355 appearances
24 recordings
2 series
first heard Apr 2026
last heard 20 Sep
Stephen Koukoulas’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 24 in all, peaking in May 2026 with 6.
Appearances
But so broadly, it is still very resilient though.
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It's resilient.
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It's it's deteriorating is too strong.
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It's softening.
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But yeah, as the economy slows down, of course, by definition, uh businesses need fewer workers to do their jobs.
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And that's particularly in hospitalities and areas like that where there's a bit of a slowdown occurring, uh, and they're labor-intensive parts of the economy.
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So again, we're probably gonna see the labor market soften.
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The RBA forecast, as you mentioned, 4.8% unemployment over the next 18 months or so.
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Yeah, that seems about right.
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Uh but really
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remember that there's eighteen months between now and then and it's only a point four percentage point increase in the unemployment rate.
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So there'll be many months where it's stable, maybe ticks down one month, ticks up a couple of months later.
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But I think the general thing
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is that uh the labour market is responding to the slowing economy.
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Job creation in trend terms is decelerating.
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And unemployment in trend terms is just ticking up, you know, one tenth per quarter.
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Maybe if we could term it that way, would be more accurate about how
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The softening rather than a crash or a collapse in the labor market is unfolding.
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on hold.
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It's a very easy I think it's an easy forecast to make this time around.
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Showing 621–640 of 2,355 · page 32 of 118
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