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Australian unemployment rate soars to 6.4%

Australian employment change s.a. (Jul) came at 300 vs 12,000 exp and 15,900 last, with the unemployment rate s.a. at 6.4% vs 6% exp and 6% last. Fulltime employment at 14,500 vs -3,800 last, and part-time employment at -14,800 vs 19,700 last. The participation rate was 64.8 vs 64.7% last.
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