The jobless rate in December was 4%, according to the Australian Bureau of Statistics
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The unemployment rate increased in December, while job creation also rose strongly, in a sign of a resilient labour market that creates uncertainty over an expected interest rate cut next month.
Australia’s jobless rate lifted to 4% in December, the Australian Bureau of Statistics data revealed on Thursday. At the same time, there were 56,300 additional people employed, as more people sought work.
