Australia employment grew 64k in Nov, participation rate back at record high

Australia employment grew 64.0k in November, much better than expectation of 19.4k. Unemployment rate was unchanged at 3.4%, matched expectations. Participation rate rose 0.2% to 66.8%. Monthly hours worked dropped -0.4% mom. Bjorn Jarvis, head of labour statistics at the ABS, said: “The participation rate increased by 0.2 percentage points to 66.8 per cent in […]

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