Australian Unemployment Rises to 6.4%

The Australian unemployment rate rose to 6.4 per cent in January from 6.1 per cent in December, a larger than expected increase.

The number of people with jobs fell 12,200 to 11.669 million in January, weaker than the 7,500 jobs increase economists had expected.

Full-time employment fell 28,100 in January and part-time employment was up 15,900, the Australian Bureau of Statistics said on Thursday.

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