Note

BREAKING: Australia Jobless Rate Rises To 7.0% In October

Verified Official
· Views 273
The unemployment rate in Australia came in at a seasonally adjusted 7.0 percent in October, the Australian Bureau of Statistics said on Thursday.

That was below expectations for 7.2 percent and was up from 6.9 percent in September.

The Australian economy added 178,800 jobs last month, far surpassing expectations for the loss of 30,000 jobs after shedding 29,500 jobs in the previous month.

The participation rate jumped to 65.8 percent, beating forecasts for 64.7 percent and up from 64.8 percent a month earlier.

 

 

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.