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

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

FEAR & GREED | Business News
11 min
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<p><strong>Friday 20 January 2023</strong></p> <p><strong>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.</strong></p> <p><strong>Australia’s unemployment rate stays around a 50 year low.&nbsp;</strong></p> <p>Also today:</p> <ul> <li>The local share market surges as US investors fear a recession.&nbsp;</li> <li>New Zealand Prime Minister Jacinda Ardern announces her shock resignation</li> <li>And Microsoft becomes the latest tech company to shed thousands of jobs.</li> </ul> <p><strong>Plus</strong><strong> </strong><strong>don’t miss the latest episode of How Do They Afford That?</strong></p> <p><strong>This week, it’s all about knowing your risk profile when investing. </strong><strong>Get it from </strong><a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235" rel="nofollow"><strong>APPLE</strong></a><strong>, </strong><a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14" rel="nofollow"><strong>SPOTIFY</strong></a><strong>, or anywhere you listen to podcasts</strong></p> <p><a href="https://fearandgreed.com.au" rel="nofollow">Find out more: https://fearandgreed.com.au</a></p> <p>See <a href="https://omnystudio.com/listener" rel="nofollow">omnystudio.com/listener</a> for privacy information.</p>