Article QH2P Australian jobless steady at 6.2% but fall in full-time workers will test Turnbull

Australian jobless steady at 6.2% but fall in full-time workers will test Turnbull

by
Australian Associated Press
from on (#QH2P)

A reduction in full-time jobs of 13,900 was only partly offset by a rise in part-time jobs while the fear of mortgage rate rises also hangs over the Coalition

A fall in the number of people employed and the prospect of banks raising mortgage rates will put to the test the nation's renewed confidence since Malcolm Turnbull became prime minister.

The number of people in employment fell by 5,100 in September when economists had expected a rise of 5,000.

Related: Gee, Westpac must have thought hard about passing on the cost of regulation to customers | Greg Jericho

Related: It takes eight years to save for a median house deposit in Sydney, says report

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