Australia Jobless Rate Falls To 4.1% In September
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(RTTNews) - The unemployment rate in Australia came in at a seasonally adjusted 4.1 percent in September, the Australian Bureau of Statistics said on Thursday.
That was below estimates for 4.2 percent, which would have been unchanged from the August reading.
The Australian economy added 64,100 jobs last month, blowing away forecasts for an increase of 25,200 jobs following the addition of 47,500 jobs in the previous month.
The participation rate ticked up to 67.2 percent, beating expectations for 67.1 percent - which would have been unchanged.
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