IHD News: Australian employment rises more than expected in Feb - 16th Mar 2023, 8:15am

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By Ambar Warrick

Investing.com--Australia’s job market grew more than expected in February, data showed on Thursday, while unemployment fell back to near 50-year lows as a higher-than-usual number of people returned to the workforce from switching roles or a break.

The number of employed people in the country increased by 64,600 in February to 13.8 million, beating expectations for an increase of 48,500 people, data from the Australian Bureau of Statistics (ABS) showed.

This pushed the p...

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