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Australian jobs data - unemployment rate for November 3.4% vs. 3.4% expected

Australian jobs data - unemployment rate for November 3.4% vs. 3.4% expected

Australian November 2022 employment report is solid.

  • Employment change is nearly double that what is was the previous month
  • the unemployment rate steady despite a higher number of people in the workforce (participation rate up)

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  • underemployment rate lower to 5.8% is its lowest since August of 2008
  • underutilisation rate also lower, to 9.3%

more to come

This article was written by Eamonn Sheridan at www.f... Read More
Posted: Dec 15 2022, 00:33
Author Name: forexlive
Views: 111591

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