Unemployment rate defies predictions to hit 4.7 per cent

As reported by Region Canberra · Updated 18 Oct, 18:45 · Archive

Unemployment has reached 4.7 per cent, its highest rate in nearly five years, according to the latest data from the Australian Bureau of Statistics (ABS). In September, there were 39,000 fewer employed people and 9000 more unemployed. The total number of employed Australians dropped by 39,300 jobs, a surprise for economists who had expected employment […]

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• Unemployment rate defies predictions to hit 4.7 per centUnemployment has reached 4.7 per cent, its highest rate in nearly five years, according to the latest data from the Australian Bureau of Statistics (ABS). In September, there were 39,000 fewer employed people and 9000 more unemployed. The total number of employed Australians dropped by 39,300 jobs, a surprise for economists who had expected employment […]Region Canberra · 18 Oct, 18:45