Australian Employment Rises 37,000 in November; Est. 20,000 Gain
Thursday, 20 December 2018 07:56 WIB | ECONOMY |Ekonomi Australia

Australia central bank is looking for a tightening labor market to drive wages higher and spur inflation; a slumping property market is starting to threaten that scenario. The statistics bureau released the data in Sydney on Thursday.

Unemployment rate 5.1%; est. 5%.

Full-time jobs fell 6,400.

Part-time jobs rose 43,400.

Participation rate 65.7%; est. 65.6%.

AUD at 71.12 U.S. cents vs 71.10 cents pre-data.

Source : Bloomberg

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