Wednesday, November 10, 2010
Australia's jobless rate unexpectedly rose to 5.4 per cent during October
Jobless rate posts surprise jump in OctoberAustralia's jobless rate unexpectedly rose to 5.4 per cent during October, despite better than expected job creation, according to data from the Australian Bureau of Statistics (ABS). A total of 29,700 jobs were added during the month, surpassing expectations for an increase of 20,000. Economists had tipped the unemployment rate to remain steady at
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