Australia Employment Report, Job Cuts
Sept. 8 (Bloomberg) -- Australian employers unexpectedly cut workers for a second straight month in August as the jobless rate rose to 5.3 percent, the highest since October 2010.
The number of people employed fell by 9,700, after a revised 4,100 drop in July, the statistics bureau said in Sydney today. Daniel Petrie reports on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)