Australia Cuts 6,300 Workers in November

Australian employers cut 6,300 workers in November from the previous month, the statistics bureau said in Sydney today. That compared with the median estimate for a 10,000 increase in a Bloomberg News survey of 22 economists. The jobless rate was 5.3 percent last month.

To contact the reporter on this story: Michael Heath in Sydney at mheath1@bloomberg.net

To contact the editor responsible for this story: Iain Wilson at iwilson2@bloomberg.net

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