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AAP
AAP
Politics
Jacob Shteyman

Early rates cut all but dashed as unemployment dips

RBA
Australians might have to wait a bit longer for an interest rate cut after a dip in unemployment. (Jane Dempster/AAP PHOTOS)

Prospects of a February interest rate cut have taken a tumble after a surprise dip in Australia's unemployment rate.

The jobless rate fell from 4.1 per cent to 3.9 per cent in November, the Australian Bureau of Statistics reported on Thursday, defying expectations of a 0.1 percentage point rise.

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