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Jobless rate edged lower to 5.2% in September

The unemployment rate edged lower to a seasonally adjusted 5.2 per cent in September.

The number of employed persons rose by a net 14,700 to 12.93 million during the month, according to data from the Australian Bureau of Statistics, with a 26,200 increase in people with full-time work and an 11,400 decrease in people with part-time work.

Most economists had expected the unemployment rate to remain unchanged and the Australian dollar ticked 0.4 per cent higher against the greenback to 67.84 US cents at 1140 AEDT.

-AAP

The post Jobless rate edged lower to 5.2% in September appeared first on The New Daily.


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