Breaking: Australia’s Unemployment Rate declines to 3.9% in November vs. 4.2% expected
Trending Articles- When Will Gold Rise Under the Pressure of High Oil Prices?
- Gold under pressure as fears mount, $4,600 support at risk
- WTI edges higher above $110 as Trump intensifies Iran's infrastructure threats
- Trump Openly Seizes Oil, Threatening to “Control Iran Overnight.” WTI Crude Has Doubled to $115 This Year; Will Oil Prices Face More Variables?
- Gold edges lower below $4,750 amid fragile Middle East ceasefire
- WTI eases below $103.50 as US, Iran reportedly seeking 45-day ceasefire
Australia’s Unemployment Rate came in at 3.9% in November, compared with the previous figure of 4.1%, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in below the market consensus of 4.2%.
Furthermore, the Australian Employment Change arrived at 35.6K in November from 12.1K in October (revised from 15.9K), compared with the consensus forecast of 25.0K.
Market reaction to the Australia’s employment data
At the time of writing, the AUD/USD pair is trading 0.60% higher on the day to trade at 0.6409.
Read more
* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.
