Australia’s employment grows 0.5k in Jan, unemployment rate rises to 4.1%

Australia’s job market showed further signs of cooling in January, as the latest employment data reveals a modest increase of just 0.5k jobs, significantly below expectation of 20.7k growth. Looking at the details, full-time employment saw an uptick of 11.1k, counterbalanced by reduction in part-time job by -10.6k. Unemployment rate unexpectedly rose from 3.9% to […]

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