Breaking: Australia’s Unemployment Rate declines to 3.9% in November vs. 4.2% expected
Trending Articles- Silver Price Forecast: XAG/USD surges to record high above $56 amid bullish momentum
- Bitcoin Price Forecast: BTC extends recovery as ETF records positive flows
- Silver Price Forecast: XAG/USD bulls remain focused on the $54.40 level
- Fed Chair Candidate: What Would a Hassett Nomination Mean for U.S. Stocks?
- U.S. PCE and 'Mini Jobs' Data in Focus as Salesforce (CRM) and Snowflake (SNOW) Report Earnings 【The week ahead】
- AUD/USD holds steady below 0.6550 as traders await Australian GDP release
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.
