Breaking: Australia’s Unemployment Rate declines to 3.9% in November vs. 4.2% expected
Trending Articles- Nearly $2 Billion Wiped Out in Crypto Liquidations Amid Brutal Sell-Off
- Gold Price Forecast: XAU/USD edges higher above $4,100 ahead of delayed US September NFP report
- Whale Dump Meets Quantum Panic: Bitcoin Slips to $86,000 and Blows $220 Million Longs
- Gold Price Forecast: XAU/USD rises to near $4,150 as Fed rate cut bets grow
- 2025 Black Friday is coming! Which stocks may see volatility?
- Fed Officials Speak Out in Force to Back Rate Cut! December Cut Now a Done Deal? Will the FOMC Meeting Be Delayed?
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.
