Australia unemployment rate hits four-year high of 4.5 per cent in September

Unemployment has hit its highest level in four years, putting renewed pressure on the Reserve Bank to look at a rate cut at its meeting next month.The unemployment rate hit 4.5 per cent – up from 4.3 per cent – as the number of people out of work climbed from 650,000 in August to 684,000 in…


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