19.12.201819:47:00UTC+00Australia Jobless Rate Rises To 5.1% In November

The unemployment rate in Australia came in at a seasonally adjusted 5.1 percent in November, the Australian Bureau of Statistics said on Thursday.

That exceeded expectations for 5.0 percent, which would have been unchanged from the October reading.

The Australian economy added 37,000 jobs last month - blowing away expectations for an increase of 20,000 jobs following the gain of 32,800 in the previous month.

The participation rate was 65.7 percent, beating forecasts for 65.6 percent - which would have been unchanged from a month earlier.