Australia’s employment grows 55k, yet signs of cooling emerge

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-au1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>Australia’s labor market displayed stronger-than-anticipated performance in October, with employment figures surpassing expectations. The economy added 55k jobs, well above forecasted growth of 22.8k. This increase was driven by both full-time and part-time employment, which rose by 17k and 37.9k respectively. Despite this robust job growth, unemployment rate edged up slightly from 3.6% to 3.7%, […]</p>
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