Australian Employment Soars for Third Straight Month

Dec. 10 (Bloomberg) -- Australian employment soared for a third straight month as companies added six times more jobs than economists estimated. The nation’s currency rose as traders bet the central bank will keep raising interest rates next year.

The number of people employed gained 31,200 in November from October and the jobless rate fell to 5.7 percent from 5.8 percent, the statistics bureau said in Sydney today.

http://www.bloomberg.com/apps/news?pid=20601087&sid=acd1d.FAvIds

Good news down under.
 
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