Australia November unemployment price three.9% (vs. four.2% anticipated)… did a double tackle that

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The newest Labour Pressure report from the Australian Bureau of Statistics, for November 2024

Simply … wow.

Employment +35.6k

  • anticipated +25.0k, prior +15.9.1k

Unemployment Price three.9%

  • anticipated four.2%, prior four.1%

Participation Price 67.zero%

  • anticipated 67.1%, prior 67.1%

Full Time Employment +52.6k (half time is down 17Okay from October +6.2K)

  • prior +9.7k

The October report was a little bit of a let down, however it is a large bounce again in November. The jobless price again underneath four%, albeit with participation a contact decrease additionally.

***

Background to that is right here:

  • Australia’s labour report improved in October

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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