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Australia employment grew 32.3k in Oct, unemployment rate dropped to 3.4%

Australia employment rose 32.2k in October, above expectation of 15.0k. Unemployment rate dropped from 3.5% to 3.4%, below expectation of 3.5%. Participation rate was unchanged at 66.5%. Monthly hours worked in all jobs rose 2.3% mom. “Although employment in seasonally adjusted terms rose 0.2 per cent in October 2022, the underlying trend estimate was monthly […] The post Australia employment grew 32.3k in Oct, unemployment rate dropped to 3.4% appeared first on Action Forex... Read More

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Content Topics

Australia

Employment

Grew

32 3k

Oct

Unemployment

Rate

Dropped

Forex

Posted: Nov 17 2022, 05:31

Author Name: actionforex

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