Australian Hiring Strength Persists, While Unemployment Edges Up

Australian Bureau Of Statistics News

Australian Hiring Strength Persists, While Unemployment Edges Up
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(Bloomberg) -- Australia’s hiring spree extended in July while a swelling of the labor force pushed the jobless rate slightly higher, underscoring the...

-- Australia’s hiring spree extended in July while a swelling of the labor force pushed the jobless rate slightly higher, underscoring the resilience of the labor market to elevated interest rates.Employment jumped by 58,200 — driven by full-time jobs — versus a forecast 20,000 gain, Australian Bureau of Statistics data showed Thursday. The jobless rate rose to 4.2% from 4.1% as the participation rate surged to a record high 67.

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Boy, 12, Flags Down Police Officer, Helps Save His Mother's Life After She Had a Seizure and Drove Into a Pond

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