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MNI BRIEF: Aussie Labour Market Strong, Adds 64k Jobs

MNI (SYDNEY) - Australia continued to show strong jobs growth in September, adding over 64,000 positions, higher than the 25,000 market expectation, while the unemployment rate tightened 10 basis points to 4.1%, data from the Australian Bureau of Statistics showed Thursday. 

The Reserve Bank of Australia has forecasted unemployment to reach 4.3% by the December quarter. 

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MNI (SYDNEY) - Australia continued to show strong jobs growth in September, adding over 64,000 positions, higher than the 25,000 market expectation, while the unemployment rate tightened 10 basis points to 4.1%, data from the Australian Bureau of Statistics showed Thursday. 

The Reserve Bank of Australia has forecasted unemployment to reach 4.3% by the December quarter. 

Keep reading...Show less