The Australian economy released today data on both the employment change and the unemployment rate during the month of November. The employment change showed an actual reading of 54.6 k compared to the previous reading rate of 29.7 k, expectations where referring to rate of 20.0k.

As for the unemployment rate the actual reading came out at 5.2%, less than the previous reading of 5.4% while forecasts were referring to a rate of 5.2%.