ASX TO LIFT AS JOBLESS RATE TO DROP TO LEVEL NOT SEEN SINCE 1974
0ASX to lift as jobless rate to drop to level not seen since 1974
ASX: The local market is expected to rise at the open after Wall Street turned its attention to earnings and saw a lift overnight. This comes after Australian shares closed higher yesterday on the back of rising commodity prices but investor sentiment remained cautious amid prospects for an earlier than expected interest rate increase. Wall Street: US stocks gained on Wednesday as investors monitored a series of closely watched earnings reports and further digested high inflation numbers. Crypto: A Brazilian music producer has created a marketplace where artists can turn their music into non fungible tokens (NFTs) while also divvying up the crypto royalties. Jobs: The unemployment rate fell to a 14 year low of 4 per cent in February. but economists are now predicting it could be even lower when March figures from the Australian Bureau of Statistics (ABS) are released today. The consensus among economists points to a jobless rate of 3.9 per cent for March. a level not seen since 1974 and when the jobs data was conducted on a quarterly basis. Travel delays: With Easter around the corner. Australian travellers itching to fly out for the holidays should prepare for long queues at major airports. Thursday is set to be the busiest day for domestic air travel in more than two years. with about 82.000 passengers expected to pass through security gates and check in counters at Sydney Airport. Federal election: Candidates are pushing hard on Thursday ahead of a campaign armistice over Good Friday and Easter. as the first official week of the election trial nears its end. Prime Minister Scott Morrison will start the day in Tasmania to announce a $220 million package for the forestry industry. Opposition Leader Anthony Albanese will be targeting marginal seats across NSW on Thursday. after touching down in Sydney on Wednesday afternoon. Labor will again be proposing health reforms in what has been a health blitz for the first week of the election campaign. Feeding your dog greens may be healthier and less hazardous than giving them a juicy steak to nibble. . Meanwhile. meat free burger patties. nuggets and sausages are often marketed to consumers as being a healthy alternative to meat. but ?
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