Mumbai, Sept. 24 -- Australia's employment rose by 39,500 to a record 14.84 million in August, reversing a revised 15,900 decline in July. The increase was driven by a 45,800 surge in part-time jobs, while full-time employment fell by 6,300. The participation rate climbed to 67.1% from 66.9%, with the employment-to-population ratio edging up to 63.9%. On an annual basis, employment increased by 238,100, or 1.6%.
Published by HT Digital Content Services with permission from Capital Market....