November Aussie jobless rate hits 12-year high
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Sydney
AUSTRALIA'S unemployment rate reached a 12-year high in November, data showed on Thursday, as more people looked for jobs in a softening economy hurt by falling commodity prices and weak Chinese demand.
Unemployment edged up to 6.3 per cent as 42,700 jobs were added to the economy, the Australian Bureau of Statistics (ABS) said. The figure is up from 5.8 per cent last November. Full-time positions increased by 1,800 as part-time employment soared 40,800, with the data slightly stronger than economists' expectations of 15,000 jobs created.
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
