(Adds quote from Treasurer in pars 11-12)
SYDNEY, Dec 17 (Reuters) - Australian jobs surpassed expectations again in November, pushing the unemployment rate lower in a sign massive monetary and fiscal stimulus was bearing fruit after the country brought the coronavirus pandemic under control.
Figures from the Australian Bureau of Statistics (ABS) on Thursday showed employment jumped by a stellar 90,000 in November, following an equally impressive rise in October, and the jobless rate eased to 6.8%.
Economists polled by Reuters were predicting an addition of 50,000 jobs with the unemployment rate staying steady at 7%.
The data adds to evidence that Australia’s A$2 trillion ($1.52 trillion) economy is well on its way to recovery after slipping to its first recession in three decades earlier this year.