Australia Jobless Rate Sinks To 5.5% In September

Australia – Employment rises by 24000 in September; jobless rate holds stead at four-year low

Australia Jobless Rate Sinks To 5.5% In September

The unemployment rate in MA has once again dipped below 4 percent.

Over the month, the private sector added 8,600 jobs as gains occurred in education and health services, construction, leisure and hospitality, trade, transportation, and utilities and manufacturing.

The jobs numbers and the unemployment rate are based on separate surveys, and both are subject to revision.

The state Department of Labor and Training said Thursday that the jobless rate for September was down one-tenth of a percentage point from the August rate.

Rhode Island lost 3,700 jobs from the revised August employment level of 498,800, the agency said.

The figures also showed that the number of unemployed decreased by 2,200 persons in September from August, the seventh consecutive monthly decrease. The Federal Bureau of Labor Statistics estimates that MA has gained more than 62,000 jobs over the past year.

The Massachusetts unemployment rate is below the national rate, which is 4.2 percent.

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