Australia’s Jobless Rate Stays at 3.4 Percent in November Despite Sharp Employment Growth

Australia’s Jobless Rate Stays at 3.4 Percent in November Despite Sharp Employment Growth
The staff of Fadezone barber shop are seen cutting hair in Sydney, Australia, on Oct. 11, 2021. Mark Kolbe/Getty Images
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Australia’s unemployment rate stabilised at 3.4 percent in November, with record high levels of participant rate and higher-than-expected growth in employment.

According to the Australian Bureau of Statistics (ABS) latest labour force data, 64,000 Australians found a job in November, taking the number of employed people in the entire country to 13,769,400.
Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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