According to the official data released by the Australian Bureau of Statistics (ABS) on Thursday, Australia’s Unemployment Rate came in at 3.6% in September, compared with the expectations of 3.7% and the previous figure of 3.7%.
The Australian Employment Change arrived at 6.7K in September, compared with the consensus forecast of 20K and 64.9K jobs addition seen in August.
Market reaction
AUD/USD edges lower on the mixed Australian jobs data. At the time of press, the pair was down 0.31% on the day at 0.6317.
Source: https://www.fxstreet.com/news/australias-unemployment-rate-arrives-at-36-in-september-employment-change-drops-by-67k-202310190031