With the better then expected unemployment figures published today, expect the RBA to raise rates by at least 30 basis points on 7 June.
Probably the sad thing here is the definition of employed in Australia means you work at least 1 hour a week.
Underemployment is probably the better measure but the collection of information for this statistic is dubious at best I.e advice from people is received that they want to work more but are not offered the opportunity.
