Australia’s unemployment rate ticked higher in November at 3.9% but hiring numbers also up
by Peter Hannam Economics correspondent from World news | The Guardian on (#6H4G0)
Joblessness rate rose despite 61,500 new jobs because the number of people seeking work also grew strongly
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Australia's employers went on a late-year hiring binge in November, adding an extra 2,000 people per day even in a month that included a Reserve Bank interest rate rise.
The economy added 61,500 jobs last month, all but 4,500 of them full-time ones, the Australian Bureau of Statistics said. Economists had forecast the economy would swell their workforces by 11,500 jobs.
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