Australia employment down -14.6k in Dec, unemployment rate unchanged at 3.5%

Australia employment declined -14.6k in December, much worse than expectation of 21.2k growth. Full-time jobs rose 17.6k while part-time jobs fell -32.2k. Unemployment rate was unchanged at 3.5%. Participation rate dropped -0.2% to 66.6%. Monthly hours worked dropped -0.5%. Lauren Ford, head of labour statistics at the ABS, said: “The falls in employment and hours […]

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