Booming Australia's jobless rate falls to 5.1%; higher interest rate likely

(ChinaPost.com.tw) - Australia's mining-led economy created another 30,900 jobs in August, pushing unemployment down to 5.1 percent and boosting the likelihood of higher interest rates, figures showed Thursday. The Australian Bureau of Statistics (ABS) said the jobless rate fell 0.2 percentage points after a surprise rise in July, bettering analyst forecasts of 5.2 percent.

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