Unemployment rate falls to 3.6 per cent, raising chances of another RBA rate hike

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Unemployment rate falls to 3.6 per cent, raising chances of another RBA rate hike
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Australia's unemployment rate has fallen 0.1 per cent in September, further raising the possibility the Reserve Bank of Australia (RBA) will increase interest rates when it meets in November.

fell 0.1 per cent in September, further raising the possibility the Reserve Bank of Australia will increase interest rates when it meets in November.

Kate Lamb, head of labour statistics at the ABS, said the number of unemployed people in Australia grew by around 20,000.The number of unemployed people in Australia grew by around 20,000 in September. "It is important to remember that a fall in unemployment does not always mean much higher employment.

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