Australia's unemployment rate falls to 3.9pc

Australia's jobless rate falls to 8-month low of 3.9% in November
The unemployment rate in Australia fell to an eight-month low of 3.9% in November, compared to forecasts of 4.2%. The economy also added 35,600 jobs, surpassing economists' expectations of 25,000, reinforcing the labor market's resilience this year.
Australia's unemployment rate sinks to 3.9% in November — ABS
Australia's unemployment rate dropped to 3.9% in November, a decrease of 0.2 percentage points, according to the latest data from the Australian Bureau of Statistics (ABS). David Taylor, ABS Head of Labour Statistics, said the decline was driven by an increase of 36,000 people finding employment and a decrease of 27,000 in the number of unemployed.
Strong Australian Jobs Data Spurs Paring of Rate-Cut Bets
Australia’s unemployment rate unexpectedly fell in November as the nation’s streak of hiring gains extended, underscoring the resilience of the labor market to elevated interest rates and prompting traders to pare back bets of a February interest-rate cut.
‘Bye-bye’ February rate cut as unemployment rate falls to 3.9pc
More than 35,000 jobs were added to the economy in November, pushing the jobless rate below 4 per cent for the first time since March.
Australia Jobless Rate Falls To 3.9% In November
The unemployment rate in Australia came in at a seasonally adjusted 3.9 percent in November, the Australian Bureau of Statistics said
Breaking: Australia’s Unemployment Rate declines to 3.9% in November vs. 4.2% expected
Australia’s Unemployment Rate came in at 3.9% in November, compared with the previous figure of 4.1%, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday.
Australia Nov jobless rate unexpectedly drops to 3.9%
Australian employment rose by more than what was forecast in November, while the jobless rate posted a shock decline to an eight-month low indicating the labour market was proving far more resilient than policy makers expected.
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The prospect of an interest rate cut could be delayed longer after Australia's unemployment rate fell to 3.9 per cent.
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