Australia’s labor market displayed resilience in December as employment surged by 56.3k, significantly exceeding expectations of a 15.0k increase. Number of unemployed people also rose by 10.3k, contributing to a slight uptick in the unemployment rate from 3.9% to 4.0%, in line with forecasts. Participation rate climbed to a record high of 67.1%, up from […]
The post Australia’s employment grows 56.3k in Dec, showing continuous resilience appeared first on Action Forex.
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