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(Updates with market reaction in paragraph 2 and 3, quotes from ABS in paragraph 6 and 7.) SYDNEY, Sept 24 (Reuters) — Australian employment rose more than forecast in August but the unemployment rate still hit a five-year high as more people went looking for work, data showed on Thursday. The mixed report was not enou
Australian employment rose more than forecast in August but the unemployment rate still hit a five-year high as more people went looking for work, data showed on Thursday.The mixed report was not enough to shift already firm market bets that the Reserve Bank of Australia would raise interest rates…
SYDNEY, Sept 24 (Reuters) — Australian employment rose by more than forecast in August, recovering from a surprise drop the previous month, data showed on Thursday, yet the unemployment rate still climbed to a five-year high as more people went looking for work. Figures from the Australian Bureau of Statistics showed n
Australian employment rose by more than forecast in August, recovering from a surprise drop the previous month, data showed on Thursday, yet the unemployment rate still climbed to a five-year high as more people went looking for work.Figures from the Australian Bureau of Statistics showed net emplo…