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Australia’s Unemployment Rate Remains Unchanged At 4.1%, Economists Warn Of Cooling Job Market

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Australia’s Unemployment Rate Remains Unchanged At 4.1%, Economists Warn Of Cooling Job Market

Australia’s unemployment rate held steady at 4.1% in October, even as experts voiced concerns that the employment growth progression slowed dramatically, compared to previous months. The Australian Bureau of Statistics revealed that the number of people with full-time jobs increased by 9,700 last month, while the part-time rose by by 6,200, taking the total growth … Read more

Australia’s Unemployment Rate Holds Steady At 4.2% In August, As Employers Add 47,500 Jobs

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Australia’s Unemployment Rate Remains Unchanged At 4.1%, Economists Warn Of Cooling Job Market

Australia’s unemployment rate has remained steady at 4.2% in August, in line with expectations, data released by the Australian Bureau of Statistics (ABS) revealed Thursday. According to the latest numbers from the ABS, the unemployment number decreased by 10,500 in seasonally adjusted terms, while the economy added 47,500 new jobs, ABC reported. Part-time stints saw … Read more