Australian labour market defying RBA rate hikes still although special factors were present in October

Created
Thu, 16/11/2023 - 12:46
Updated
Thu, 16/11/2023 - 12:46
Today (November 16, 2023), the Australian Bureau of Statistics released the latest – Labour Force, Australia – for October 2023. Employment rose by 55 thousand and unemployment rose by 27,900 on the back of a 0.2 points rise in participation – usually a sign of a healthy situation. But the special monthly factors (referendum and…