Australia September employment falls 39.3K, unemployment rate hits five-year high at 4.7%

Australia's employment fell 39.3K in September against a 20.0K expected gain, with the unemployment rate rising to 4.7% from a revised 4.7% prior (est. 4.6%), hitting a five-year high. Full-time employment rose 34.4K while part-time fell, and the participation rate slipped to 66.8% from 67.1%.

Detected & updated continuously · Source: Nebula