HomeLive CommentsAustralia employment dropped -29.5k in Sep, unemployment rate rose to 6.9%

Australia employment dropped -29.5k in Sep, unemployment rate rose to 6.9%

Australia employment dropped -29.5k in September, better than expectation of -50k. Full-time jobs dropped -20.1k while part-time jobs decreased by -9.4k. Unemployment rate rose 0.1% to 6.9%, below expectation of 7.1%. But at the same time, participation rate dropped -0.1% to 64.8%.

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