14 Dec 2023
Breaking: Australia’s Unemployment Rate arrives at 3.9% in November, Employment Change comes in at 61.5K
The Australia’s Unemployment Rate came in at 3.9% in November, compared with the expectations of 3.8% and the previous figure of 3.7%, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday.
Furthermore, the Australian Employment Change arrived at 61.5K in November, compared with the consensus forecast of 11K and 55K jobs addition seen in October.
Market reaction
At the time of press, the AUD/USD pair was up 0.15% on the day to trade at 0.6680.