Bloomberg News

Australia Cuts 6,300 Workers in November; Jobless Rate 5.3%

December 07, 2011

Dec. 8 (Bloomberg) -- Australian employers cut 6,300 workers in November from the previous month, the statistics bureau said in Sydney today. That compared with the median estimate for a 10,000 increase in a Bloomberg News survey of 22 economists. The jobless rate was 5.3 percent last month.

To contact the reporter on this story: Michael Heath in Sydney at mheath1@bloomberg.net

To contact the editor responsible for this story: Iain Wilson at iwilson2@bloomberg.net


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