Interview: Why unemployment fell, even though jobs were lost in July

The economy lost almost 41,000 jobs in July - but the unemployment rate fell to a new 48 year low of 3.4%. Jarden Australia Chief Economist Carlos Cacho explains why the participation rate is so significant, and what it all means for the Reserve Bank's decisions on interest rates. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.