Financial News: Australia Jobless Rate Steady At 4.1% In October

Australia Jobless Rate Steady At 4.1% In October

11/13/2024 - 19:38:00 (RTTNews)

(RTTNews) - The unemployment rate in Australia came in at a seasonally adjusted 4.1 percent in October, the Australian Bureau of Statistics said on Thursday - unchanged from the previous month and in line with expectations.

The Australian economy added 15,900 jobs, which missed forecasts for an increase of 25,200 jobs following the addition of 64,100 in September.

Full-time employment increased by 9,700 to 10,037,700 people, while part-time employment increased by 6,200 to 4,499,800 people.

The participation rate was 67.1 percent, shy of expectations for 67.2 percent - which would have been unchanged. Monthly hours worked increased to 1.972 billion.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

UK Economy Flatlines In Q3 (38 min(s), 10 sec(s) ago)
(RTTNews) - The UK economy stalled in the third quarter as the services sector posted nil growth a ...Full Story»

Norway Jobless Rate Falls To 3.7% (52 min(s), 10 sec(s) ago)
(RTTNews) - Norway's unemployment rate decreased in November to the lowest level in nine month ...Full Story»

Finland Jobless Rate Steady At 8.1% (01 hr(s), 06 min(s), 10 sec(s) ago)
(RTTNews) - Finland's unemployment rate held steady for the second straight month in November, ...Full Story»

German Import Prices Rise 0.6% In November (01 hr(s), 28 min(s), 10 sec(s) ago)
(RTTNews) - Germany's import prices increased for the first time in three months in November, ...Full Story»

Singapore Inflation Rises To 1.6%, Less Than Forecast (02 hr(s), 03 min(s), 10 sec(s) ago)
(RTTNews) - Singapore's consumer price inflation increased slightly in November after easing t ...Full Story»

European Economic News Preview: UK GDP Data Due (03 hr(s), 35 min(s), 10 sec(s) ago)
(RTTNews) - Quarterly GDP data from the UK is the only major economic report due on Monday, headli ...Full Story»

Singapore Inflation Data Due On Monday (38 min(s), 50 sec(s) ago)
(RTTNews) - Singapore will on Monday release November numbers for consumer prices, highlighting a ...Full Story»

U.S. Consumer Sentiment Improves In Line With Preliminary Estimate In December (20 min(s), 50 sec(s) ago)
(RTTNews) - The University of Michigan released a report on Friday showing consumer sentiment in t ...Full Story»