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By Ambar Warrick
Investing.com-- Australiaâs job market unexpectedly shrank in December as the participation rate fell from record highs, although employment conditions remained relatively tight amid increased openings and potential labor shortages.
The number of employed people in Australia fell by 14,600 to 13.8 million on a seasonally adjusted basis, missing expectations for a 22,500 increase, data from the Australian Bureau of Statistics showed on Thursday.
Still, the figure was 3.5%...
>>> Read more: Australia employment unexpectedly cools from record highs in Dec
Investing.com-- Australiaâs job market unexpectedly shrank in December as the participation rate fell from record highs, although employment conditions remained relatively tight amid increased openings and potential labor shortages.
The number of employed people in Australia fell by 14,600 to 13.8 million on a seasonally adjusted basis, missing expectations for a 22,500 increase, data from the Australian Bureau of Statistics showed on Thursday.
Still, the figure was 3.5%...
>>> Read more: Australia employment unexpectedly cools from record highs in Dec
