ABS to release Australia’s employment figures for November

Sky News Business Reporter Edward Boyd breaks down economist expectations for the nation’s unemployment rate. The November numbers for Australia’s unemployment rate will be released by the Australian Bureau of Statistics on Thursday. Economists are predicting the jobless rate to increase to 4.2 per cent. “The unemployment rate has been tracking close to record lows as we came out of the pandemic,” Mr Boyd said. “This year, it started to tick up … it slowly increased. “Economists believe 25,000 jobs will be created during the month of November in our economy.”