Australia's employment data for November 2024 shows a strong performance in the job market, with several important highlights:
Job Creation: In November, 35,600 more people found jobs, which is a big increase compared to only 12,100 jobs added in October and higher than the expected 25,000 new jobs. This brings the total number of employed Australians to about 14.54 million people .
Unemployment Rate: The unemployment rate dropped to 3.9%, down from 4.1% in October. This was lower than the expected increase to 4.2% and marks the lowest rate since March 2024.
Participation Rate: The percentage of people in the labor force went down slightly to 67.0%, from 67.1% in the previous month
Full-Time vs. Part-Time Employment: Full-time jobs increased by 52,600, while part-time jobs decreased by 17,000 compared to October
These positive employment figures have led to the Australian Dollar strengthening against the US Dollar, which suggests that the strong job performance may impact future decisions on interest rates by the Reserve Bank of Australia (RBA) 24.


Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Thailand Inflation Remains Negative for 10th Straight Month in January
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Australia’s December Trade Surplus Expands but Falls Short of Expectations 



