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FX.co ★ Australia Unemployment Rate Slips To 3.6% In September

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typeContent_19130:::2023-10-19T00:40:00

Australia Unemployment Rate Slips To 3.6% In September

The jobless rate in Australia came in at a seasonally adjusted 3.6 percent in September, the Australian Bureau of Statistics said on Thursday.

That beat forecasts for 3.7 percent, which would have been unchanged from the August reading.

The Australian economy added 6,700 jobs last month, shy of expectations for an increase of 18,000 following the addition of 64,900 jobs in the previous month.

The participation rate was 66.7 percent, below forecasts for 67.0 percent, which would have been unchanged.

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