Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Australia’s unemployment rate rose 0.1 percentage point to 3.9% in November, while employment grew 61,500 up from October’s 55,000, according to data released today by the Australian Bureau of Statistics.
“We have continued to see employment growth keeping pace with high population growth through 2023,” said Bjorn Jarvis, head of labour statistics at the ABS.
The bureau noted the employment-to-population ratio has remained between 64.4-64.6% since February 2023, and between 64.3-64.6 per cent for the past 18 months. "Similarly, participation continues to be high,” Jarvis added. “The number of unemployed people has also increased by around 81,000 people, and the unemployment rate has risen by 0.4 pp. However, both unemployment measures remain well below their pre-pandemic levels.”
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.