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Fri, November 15, 2024

Australia's unemployment rate steady at 4.1 pc in Oct

B360
B360 November 15, 2024, 2:18 pm
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CANBERRA: Australia's unemployment rate remained steady at 4.1% in October for the third consecutive month.

According to the latest data released by the Australian Bureau of Statistics, the official unemployment rate was 4.1% in October.

"This was the third month in a row that the unemployment rate had been at 4.1%," said Bjorn Jarvis, head of labour statistics at the agency, in a statement.

The agency reported that the economy added 9,700 full-time jobs and 6,200 part-time roles between September and October, resulting in a net increase in employment of 15,900. Meanwhile, the number of unemployed people actively looking for work increased by 8,300 during the same period.

By RSS/Xinhua

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