Australia’s unemployment rate rose in November despite the creation of over 39,000 jobs. The ABS released November employment estimates which indicated Australia’s unemployment rate rose from 5.6% to 5.7%. Part-time employment barely changed but full-time employment rose by 39,300 to produce a net increase of 39,100, well in excess of consensus expectations of 17,500. The unemployment rate rose as more people joined the workforce with the participation rate 0.2% higher...