Unemployment tipped to rise, economists hopeful its reached its peak
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Unemployment's expected to increase, but it might not be all bad news for the economy.
Many economists are expecting unemployment to increase from 5.3% to 5.5%.
ANZ Chief Economist Sharon Zollner feels volatility due to things like the war in Iran is starting to fade.
She told Mike Hosking businesses seem to be getting used to uncertainty – they’re realising they can't wait for normal conditions and have to get on with it.
Zollner says the recovery is happening, but it's a bit more stop-start than most would like.
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