00:02IT contractor Ron Scrozny worries the AI revolution will keep him out of the jobs market.
00:09So I have applied for probably about 50 jobs thereabouts in the last year so it's just a bit frustrating.
00:18But so far the jobs market has stayed strong. Unemployment has remained steady at 4.1%.
00:25In January there were 1,900 fewer people out of work.
00:30While the participation rate was unchanged and close to the record high in January last year.
00:36Our economy remains resilient and we continue to have strong jobs growth in this country.
00:43Employment website SeeksData shows job advertisements are on the rise for workers in manufacturing, transport and construction.
00:51The Reserve Bank has two big goals, full employment and inflation at 2.5%.
00:57While it looks good on the jobs front, next week's inflation number will be carefully watched.
01:02And if it remains well above target for much longer, the Reserve Bank will be looking to cool the economy.
01:10For some months now we've had a second rate hike in our profile in May and we have a 40
01:15% probability of a follow up one in August.
01:18And these numbers really add to that narrative.
01:20Another rate hike would be a blow to many Australians who'd like more work to help meet rising costs.
01:27And I do know of others similar to me who are trying to find jobs.
01:31They have been looking for quite a while as well so it is tight.
01:34A tight jobs market keeping the pressure on.
01:37Let's look at the boundary 나도 system.
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