Home Australia’s Unemployment Rate dips to 5.0%, but Aussie Employment Change misses hopes

Australia’s Unemployment Rate dips to 5.0%, but Aussie Employment Change misses hopes

Published date: 18 Oct. 2018 | 02:33

Australia’s Unemployment Rate beat expectations, clocking in at 5.0%, but the Aussie Employment Change figure sharply missed expectations, printing at 5.6 thousand compared to the previous reading of 44 thousand, and the Aussie Participation Rate also missed forecasts, coming in at 65.4%, down from the previous reading of 65.7%.

More to come….

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