Unemployment surprises by falling to a more than 10-year low
Annual wage inflation stands at 1.8%.
Jenny Ruth
Wed, 07 Nov 2018
The unemployment rate unexpectedly sank to 3.9% in the September quarter, its lowest level in more than 10 years.
Economists had thought the rate would be either steady at 4.5% or a notch higher.
The surprise result doesn't reflect a fall in the participation rate – in fact, that rate
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Jenny Ruth
Wed, 07 Nov 2018
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