In Australia Almost Not There Unemployed

Australian Prime Minister Julia Gillard said they were proud with the latest data about employment figures in the country. According to the data, as Xinhua and ABC wrote on Thursday (10.11.2011), the unemployment rate in Australia is in the range of 5.2 percent as of end October 2011. The number of unemployed were at 10,100 people. "It shows the resilience of the Australian economy," said Gillard.

U.S. jobless rate at 9.0 percent magnitude. In the UK, the unemployment rate remained 8.1 percent since 17 years ago.

Meanwhile, although the mastery of the Australian market fell 3 percent because of fears of the economic crisis that struck the countries in the eurozone, Gillard said the threat of economic uncertainties still exist.

Meanwhile, Minister for Works Chris Evans said last month, Australia, including countries with the lowest unemployment data in the world. For comparison, the U.S. unemployment rate at 9.0 percent magnitude. In the UK, the unemployment rate remained 8.1 percent since 17 years ago. Meanwhile, the euro zone countries, unemployment is at a position 10.2 percent.

Then, in November, Sentra Australia Bank has cut interest rates 0.25 percent to 4.5 percent....