Australian Employment Soars for Third Straight Month

Discussion in 'Economics' started by ASusilovic, Dec 10, 2009.

  1. Dec. 10 (Bloomberg) -- Australian employment soared for a third straight month as companies added six times more jobs than economists estimated. The nation’s currency rose as traders bet the central bank will keep raising interest rates next year.

    The number of people employed gained 31,200 in November from October and the jobless rate fell to 5.7 percent from 5.8 percent, the statistics bureau said in Sydney today.

    Good news down under.
  2. these jobs are created for Indians & Chinese :D
  3. S2007S


    This is why rates have moved up 3 months in a row.