50 year low for unemployment, ASX surges, Microsoft sacks thousands.

Friday 20 January 2023 Australia’s unemployment rate stays around a 50 year low. The local share market surges as US investors fear a recession. And Microsoft becomes the latest tech company to shed thousands of jobs. Australia’s unemployment rate stays around a 50 year low. Also today: The local share market surges as US investors fear a recession. New Zealand Prime Minister Jacinda Ardern announces her shock resignation And Microsoft becomes the latest tech company to shed thousands of jobs. Plus don’t miss the latest episode of How Do They Afford That? This week, it’s all about knowing your risk profile when investing. Get it from APPLE , SPOTIFY , or anywhere you listen to podcasts Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.