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Australia Nov Unemployment lower at 6.8%; Participation Rate Up

AUSTRALIA DATA
MNI (Singapore)
  • Australia's seasonally adjusted estimate unemployment rate decreased to 6.8% in November from 7.0% in October.
  • Participation rate increased to 66.1% from the previous 65.8%.
  • Employment increased 90,000 to 12,860,700.
  • Employment to population ratio increased to 61.6%.
  • Underemployment rate decreased to 9.4%.
  • Monthly hours worked increased by 43 million hours.

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