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U.S. jobs market perks up, but it’s still not a great time to get hired

MarketWatch Tuesday 03 November 2026, 16:56 UTC By Jeffry Bartash 1 min read

Key Points

SUNRISE, FLORIDA - SEPTEMBER 25: A job seeker gathers paperwork during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on September 25, 2026 in Sunrise, Florida. Hiring managers and recruiters from more than 50 companies attended the job fair to recruit workers for opportunities across a range of companies. (Photo by Joe Raedle/Getty Images)

U.S. (LOCATION) SUNRISE (ORG) FLORIDA (LOCATION) Mega JobNewsUSA South Florida Job Fair (ORG) the Amerant Bank Arena (ORG) Joe Raedle/Getty Images (PERSON)

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analysis 'No need to sack the governor' and other reasons for the RBA's inflation target The Reserve Bank has lifted interest rates to their highest level in 18 years, delivering another blow to indebted households in its efforts to squash inflation. RBA governor Michele Bullock says inflation is too high and it has to be dragged back down into the RBA's 2 to 3 per cent target range. Headline inflation in Australia is rising at an annual pace of 4.3 per cent at the moment.

ABC Australia 15m ago

'Like they don't care': RBA's fifth rate hike a huge blow to mortgage borrowers

Interest rate hikes putting more pressure on already stressed households In short: The Reserve Bank's fifth interest rate hike this year will create more stress for households. Those with large loan repayments, the unemployed and renters could struggle to stretch their budgets. The RBA has indicated it is still concerned about rising inflation, meaning further interest rate hikes cannot be ruled out.

ABC Australia 15m ago

Can anything break politics out of its inflation doom loop?

analysis After years of inflation pain, the political script is tired and in need of a reset Jim Chalmers is a man stuck in an endless loop. Time and again in his four and a half years as treasurer, he has had to front up after bad news and spin the unspinnable. His scorecard, across 41 post-rates press conferences: 17 hikes, 21 holds, three cuts.

ABC Australia 15m ago

U.S. jobs market perks up, but it’s still not a great time to get hired

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