Australia: Unemployment to hit four-year high

THE unemployment rate is expected to have risen to a four-year high in July as the rate of hiring in the mining sector slows.The Australian Bureau of Statistics (ABS) will release its monthly labour force figures on Thursday morning.The median forecast from an AAP survey of 11 economists is for the unemployment rate to rise to 5.8 per cent, from 5.7 per cent in June. http://mobile.news.com.au/business/breaking-news/unemployment-to-hit-four-year-high/story-e6frfkur-1226693231551