Unemployment tipped to hold steady amid RBA warning labour market is too tight - Capital Brief

Reserve Bank governor Michele Bullock has warned the labour market remains too tight to get inflation back to target, with joblessness needing to be closer to 5% than current levels. Economists expect September’s joblessness figures, to be released this week, to hold steady but there’s mixed opinions on the ramifications for the RBA. Here’s what you need to know about the key economic data releases coming up. The data: Overseas arrivals and departures, August, Australian Bureau of Statistics The data: Labour force, September, Australian Bureau of Statistics What to expect: In the most recent data , for August, there was a strong 39,000 rise in employment, which surprised economists to the upside significantly, while the jobless rate increased to 4.