Australia unemployment rate likely to inch up in September amid signs of cooling labor market

From fxstreet.com

Australia is set to publish the September monthly employment report on Thursday at 0:30 GMT, with market participants anticipating another tepid outcome, which has become the norm over the last few months. The Australian Bureau of Statistics (ABS) is expected to announce that the country added 17,000 new jobs in the month, while the Unemployment Rate is forecast at 4.3%, slightly higher than the August figure. The Participation Rate is expected to remain stable at 66.8%. The ABS reports both full-time and part-time positions through the monthly Employment Change. Generally speaking, full-time jobs entail working 38 ... (full story)