Australian unemployment rate steady at 4.3 pct
Summary
Australia's unemployment rate held steady at 4.3 percent in November, with a decline in full-time employment partially offset by a rise in part-time jobs.
Key Points
- Australia's unemployment rate remained steady at 4.3 percent in November.
- The number of employed Australians fell by 21,300 between October and November.
- Full-time employment decreased by 56,500 while part-time employment rose by 35,200 people.
- Labor force participation rate dropped slightly from 66.9 percent in October to 66.7 percent in November.