Australia Jobless Rate Sinks To 5.0% In September



The unemployment rate in Australia came in at a seasonally adjusted 5.0 percent in September, the Australian Bureau of Statistics said on Thursday.

That was beneath expectations for 5.3 percent, which would have been unchanged.

The Australian economy added 5,600 jobs last month - shy of expectations for an increase of 15,000 following the 44,000 jump in the previous month.

Full-time employment saw a gain of 20,300, down from 33,700 a month earlier. Part-time employment shed 14,700 jobs following the addition of 10,200 in August.

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