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Finance & Markets

Aussie unemployment climbs to 5-year high

The Australian Bureau of Statistics (ABS) released the September labour force survey, and it was a shocker. The headline unemployment rate climbed another 0.1% to 4.7% – the highest reading since October 2021 – while all of the sub-indicators were soft. The following table from the ABS summarises the key components from the survey: Total The post Aussie unemployment climbs to 5-year high appeared…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

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Australian Market Notably Lower

(RTTNews) - The Australian market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight.

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