A worker pushes a trolley loaded with goods past a construction site in the central business district (CBD) of Sydney in Australia, March 15, 2018.
REUTERS/David Gray/File Photo Acquire Licensing RightsSYDNEY, Nov 16 (Reuters) - Australia employment rebounded strongly in October, after a soft patch the previous month, though the jobless rate still ticked higher as more people went looking for work and rapid migration boosted the supply of labour.
Figures from the Australian Bureau of Statistics on Thursday showed net employment rose 55,000 in October from September, more than double market forecasts of 20,000.
The jobless rate edged up to 3.7%, matching forecasts and largely due to a jump in the participation rate back to an all-time peak of 67%.
Over the year to October, jobs growth of a healthy 2.8% was still not enough to match labour force growth of 3.8%.
David Gray, Bjorn Jarvis, Wayne Cole, Kim Coghill, Jacqueline Wong
REUTERS, Rights, Australian Bureau, Statistics, Reserve Bank of Australia, Thomson