IHD News: Australian jobs market cools further in Jan, unemployment grows - 16th Feb 2023, 6:50am

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By Ambar Warrick

Investing.com--Australia’s job market unexpectedly cooled further in January, government data showed on Thursday, while unemployment rose amid increased economic headwinds and seasonal disruptions in the workforce.

The number of employed people in the country fell 11,500 in January to 13.7 million, compared to expectations for growth of 20,000 people. This also saw the unemployment rate rise to 3.7% from 3.5% in the prior month, its highest level since June, data from th...

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