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Aussie jobs market shows signs of strain
Australia’s job market shows decline with 5,400 cuts in August; unemployment steady at 4.2% despite easing migration.
Australia’s job market shows decline with 5,400 cuts in August; unemployment steady at 4.2% despite easing migration.
Australia’s labour market is losing momentum, with 5,400 jobs cut in August and participation falling, even as unemployment held steady at 4.2%.
Employment growth has slowed sharply, migration is easing, and the Aussie dollar has dropped after touching an 11-month high.
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