Australian jobs report due Thursday, December 12, 2024 - unemployment rate expected higher ...Middle East

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Australian jobs report due Thursday, December 12, 2024 - unemployment rate expected higher
We get the data for Australia's jobs markets for November 2024 today. Due at 11.30 am Sydney time0030 GMT and 1930 US Eastern timeAustralia's labour report improved in October. The report showed signs of job market resilience amid a gradual economic slowdown. Employment increased by 15,900 positions, predominantly in full-time roles, marking a deceleration from the previous month's substantial gain of 61,300 jobs. Despite this slowdown, the unemployment rate remained steady at 4.1% for the third consecutive month, with a slight dip in the participation rate to 67.1%. The public sector played a significant role in employment growth, accounting for 91% of the 160,100 new jobs in the September

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