Thousands of jobs open up in Australia as Victoria lockdown lifted

Australian employers unexpectedly added tens of thousands of jobs in October as Victoria’s tough Covid restrictions began to lift and the state’s workers returned to the labor force, while a recovery in the rest of the economy gathered pace.

Employment soared by 178,800 last month, defying economists’ expectations of a 27,500 decline, data from the statistics bureau showed Thursday. The jobless rate edged up to 7% from 6.9% in September as the participation rate jumped almost 1 percentage point to 65.8%.

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