Unemployment rate was 3.6% in September compared with reported 3.7% in August, the Australian Bureau of Statistics says
Australia’s jobless rate fell last month even as employers shed almost 40,000 positions, sending mixed signals as to the need for another Reserve Bank interest rate rise to cool the economy.
The unemployment rate was 3.6% in September compared with a reported 3.7% in August, the Australian Bureau of Statistics said on Thursday. Economists had forecast the jobless level would remain unchanged at 3.7%.
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