Breaking: Australia’s Unemployment Rate arrives at 3.6% in September, Employment Change comes in at 6.7K

Market news

19 October 2023

Breaking: Australia’s Unemployment Rate arrives at 3.6% in September, Employment Change comes in at 6.7K

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.

South Korea BoK Interest Rate Decision meets forecasts (3.5%)

Australia National Australia Bank's Business Confidence (QoQ) up to -1 in 3Q from previous -3

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