The unemployment rate in Australia fell to a seasonally adjusted 5.9 percent in October, the Australian Bureau of Statistics said on Thursday.
That handily beat forecasts for 6.2 percent, which would have been unchanged from the September reading.
The Australian economy added 58,600 jobs in October - blowing away forecasts for an increase of 15,000 jobs following the upwardly revised 800 decline in September (originally a loss of 5,100).
The participation rate climbed to 65.0, beating expectations for 64.9 percent, which would have been unchanged.
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