Breaking Down the Numbers: Australia’s Job Market Sees Modest Growth in September, Unemployment Rate Holds Steady at 3.5%
Australia employment grew 0.9k in Sep, unemployment rate unchanged at 3.5% Overview In September, Australia’s employment rose by 0.9k, which was below expectations of 25.0k. Full-time employment increased by 13.3k, while part-time employment contracted by -12.4k. The unemployment rate remained unchanged at 3.5%, meeting expectations. The participation rate also remained unchanged at 66.6%. However, monthly…