New low for unemployment rate

16 November 2017

 

The Australian economy has recorded another month of employment gains, with new full-time positions outweighing fewer part-time positions. The ABS released employment estimates for October and the total number of people employed in Australia in either full-time or part-time work increased by 3,700. This figure did not meet market expectation of 18,000 new positions, although September’s increase was revised up from 19,800 to 26,600. Bond yields had been creeping up...

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