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BUSINESSBloomberg Markets·12h ago

Australian Unemployment Climbs to 4.6% Even as Jobs Gain

BUSINESSBEATPOST
AI TLDR · GEMINI

Australia's unemployment rate rose in August despite an increase in job creation. The data comes as the Reserve Bank prepares to decide on potential interest rate hikes.

Australian unemployment climbed further in August as more people sought work, overshadowing a jump in hiring days before the Reserve Bank weighs resuming interest-rate increases.

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