Australia's unemployment rate falls to 3.9pc in November, its lowest level since March
Australia's unemployment rate fell to 3.9 per cent in November, down from 4.1 per cent in October. Bureau of Statistics (ABS) data show the number of people in employment increased by 35,600, while the number of unemployed fell by 27,000, in seasonally adjusted terms.
Australia’s unemployment rate fell in November, sparking questions over rates
There’s some good news on Australia’s jobs market, with unemployment unexpectedly falling last month. But economists say it does take pressure off the Reserve Bank to lower interest rates, reducing the chances of a February rate cut.
Strong Australian Jobs Data Spurs Paring of Rate-Cut Bets
Australia’s unemployment rate unexpectedly fell in November as the nation’s streak of hiring gains extended, underscoring the resilience of the labor market to elevated interest rates and prompting traders to pare back bets of a February interest-rate cut.
Australia's unemployment rate sinks to 3.9% in November — ABS
Australia's unemployment rate dropped to 3.9% in November, a decrease of 0.2 percentage points, according to the latest data from the Australian Bureau of Statistics (ABS). David Taylor, ABS Head of Labour Statistics, said the decline was driven by an increase of 36,000 people finding employment and a decrease of 27,000 in the number of unemployed.
Australia's jobless rate falls to 8-month low of 3.9% in November
The unemployment rate in Australia fell to an eight-month low of 3.9% in November, compared to forecasts of 4.2%. The economy also added 35,600 jobs, surpassing economists' expectations of
‘Bye-bye’ February rate cut as unemployment rate falls to 3.9pc
More than 35,000 jobs were added to the economy in November, pushing the jobless rate below 4 per cent for the first time since March.
Australia Jobless Rate Falls To 3.9% In November
The unemployment rate in Australia came in at a seasonally adjusted 3.9 percent in November, the Australian Bureau of Statistics said
Australian unemployment falls, traders trim rate-cut bets
Australia’s unemployment rate unexpectedly fell in November as the nation’s golden streak of hiring gains extended, underscoring the resilience of the labour market to elevated interest rates and prompting traders to pare back bets of a February interest-rate cut.
Australia's unemployment drops to 8-month low
Australia's jobless rate posted a shock decline to an eight-month low in November, while employment extended its strong run, evidence of a far more resilient labor market than many had expected. The surprising strength prompted markets to scale back bets for an easing from the Reserve Bank of Australia in February,
Odds of a rate cut dip as more Australians find jobs
An unexpectedly high 35,600 jobs were added to the Australian economy in November after a higher than usual number of people waiting to start work found jobs.
Unemployment rate falls to 3.9 per cent
The unemployment rate has “surprisingly tipped lower” to 3.9 per cent from 4.1 per cent in the month of November, according to Sky News Business Editor Ross Greenwood.
RBA could accept lower unemployment without inflation risk: economists
Others warn the jobs market may now be running too hot, and a longer period of elevated interest rates will be required.
Australia's unemployment drops to 8-mth low, markets pare Feb rate-cut bets
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Australia reported a stronger-than-expected November jobs growth and an unexpected decline in the unemployment rate. Click to ...