Australia’s unemployment rate fell to 3.9 per cent in November, down from 4.1 per cent in October.
Bureau of Statistics (ABS) data show the number of people in employment increased by 35,600, while the number of unemployed fell by 27,000, in seasonally adjusted terms.
In November, the Reserve Bank was forecasting the unemployment rate to creep up to 4.3 per cent by the end of this year, and for wages growth to keep slowing as labour market conditions continue to ease.
Loading
