AUSTRALIA'S EMPLOYMENT DATA BEATS EXPECTATIONS, UNEMPLOYMENT IMPROVES

AUSTRALIA'S EMPLOYMENT DATA BEATS EXPECTATIONS, UNEMPLOYMENT IMPROVES
AUSTRALIA'S EMPLOYMENT DATA BEATS EXPECTATIONS, UNEMPLOYMENT IMPROVES

Australia added 64.1 thousand jobs in September, much more than the expected 25.2 thousand.

The previous August job data was revised down from 47.5 thousand to 42.6 thousand.

The unemployment rate remained at 4.1%, better than the expected 4.2%.

This positive data shows strong economic activity in Australia.

Better job numbers and lower unemployment can positively affect the Australian dollar.

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