Jobless rate stays at 3.9 per cent - but rate cuts still some time away

Australia's unemployment rate remained at 3.9 per cent in December bit more than 100,000 full-time positions were lost. SBS Finance Editor Ricardo Gonçalves speaks with Craig James from CommSec to explain, plus Stefan Vogel from Rabobank tells Rhayna Bosch that the Red Sea conflict could have major implications for the nation's agribusiness sector and consumer prices, and the day on the markets with Gemma Dale from nabtrade.

The unemployment rate has held steady at 3.9 per cent for a second month. Source: AAP

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