Category: pointed
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Australia’s Jobless Rate Ticked Higher In June But Underlying Data Pointed To Labor Market Strength
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Investor EmpiresAustralia’s seasonally adjusted unemployment rate rose to 4.1% from 4.0% in June, Australian Bureau of Statistics data showed. However, the details of the report mostly pointed to a strengthening labor market during the month: labor force participation rate The percentage improved from 66.8% to 66.9% as more workers looked for…