Economic Buzz: Australia Unemployment Rate Eases To 4.2% In December

20 Jan 2022 , 11:07 AM

Australia unemployment rate came in at a seasonally adjusted 4.2 percent in December, the Australian Bureau of Statistics said on Thursday, down from 4.6 percent in November. The Australian economy added 64,800 jobs last month, following the addition of 366,100 in November. Full-time employment increased by 41,500 jobs, while part-time was up 23,300 jobs. The participation rate was 66.1 percent – unchanged from the previous month.

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