FXStreet (Bali) - Australia published stellar employment figures for the month of October, with the ABS reporting an increase in employment jobs change by 58.6k (seasonally adjusted). Full-time jobs came in at 40k vs -10.4k last, while part-time saw a jump of 18.6k. Australian unemployment rate ticked down to 5.9% vs 6.2% expected and 6.2% last, with the participation rate at 65% vs 64.9% exp and 64.9% last. October key figures TREND ESTIMATES (MONTHLY CHANGE) Employment increased to 11,815,400. Unemployment decreased to 764,900. Unemployment rate remained steady at 6.1%. Participation rate remained steady at 65.0%. Monthly hours worked in all jobs increased 5.7 million hours to 1,647.1 million hours. SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE) Employment increased 58,600 to 11,838,200. Full-time employment increased 40,000 to 8,171,600 and part-time employment increased 18,600 to 3,666,600. Unemployment decreased 33,400 to 739,500. The number of unemployed persons looking for full-time work decreased 30,300 to 526,300 and the number of unemployed persons only looking for part-time work decreased 3,100 to 213,200. Unemployment rate decreased 0.3 pts to 5.9%. Participation rate increased 0.1 pts to 65.0%. Monthly hours worked in all jobs increased 19.1 million hours (1.2%) to 1,660.4 million hours. For more information, read our latest forex news.