Australia's unemployment rate remained at 4.2 per cent in August, as employment grew by 47,500 people.
The number of employed people grew by 47,500, and the number of unemployed people declined by 10,500, in seasonally adjusted terms.
Reserve Bank officials have recently said Australia's labour market probably needs to "loosen" a bit further before the economy is back into better balance and inflation is under control.As the US starts cutting interest rates, what does it mean for the Reserve Bank's fight against inflation?
US Federal Reserve Reserve Bank Of Australia Unemployment Rate Employment Inflation
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