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AAP
AAP
Jacob Shteyman

Unemployment to stay low despite drop in job vacancies

Unemployment David Taylor Shane Oliver Economy
Mining was one of two industries where job vacancies rose. (Richard Wainwright/AAP PHOTOS)

Unemployment remains stubbornly low amid a gradual cooling in the jobs market, but the resilience of the Australian economy is being tested by a global slowdown.

Job vacancies dropped 0.7 per cent to 389,000 in the three months to November 2023, according to data released by the Australian Bureau of Statistics on Wednesday.

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