November 2021

November 2021

November 16, 2021

Employment surged a seasonally adjusted 366.1k in November, well in excess of the market expectations of a 200k gain.

Improving labour market conditions were also reflected in a 0.6ppts decline in the unemployment rate, back to 4.6%.

The Western Australian labour market has been the standout among the states, with employment growing 4.5% in the year to November and the unemployment rate falling to 3.8%, the lowest since July 2012.

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