Close your eyes and lowball the auction?
As is often the case, the cyclical downturn hits jobless youth hardest. Unemployment for kids is fast approaching the lowflation period. There are reasons to think the RBA will overshoot here. The loosening of youth employment is not just a cyclical story. AI is playing a role in crimping entry-level jobs. AITAI offers an interesting The post Close your eyes and lowball the auction? appeared…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.