Australian joblessness rose.

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    • Subject Terms:
      AUSTRALIA
    • Abstract:
      Australian joblessness rose to a 12-year high of 6.4% in July from 6% in June. Expectations had been for a 6.1% rate. The labor participation rate ticked up to 64.8% from 64.7%. Australian employment fell by 300 vs. expectations for a gain of about 12,000. Australia's long-booming economy has been hurt by weakening China demand for commodities. [ABSTRACT FROM AUTHOR]
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