Australia’s unemployment rate dropped marginally in May, data published by the Australian Bureau of Statistics said Thursday.
The jobless rate stood at 4.4 percent in May, down from 4.5 percent in April and in line with expectations.
The number of employed increased by 40,300 from the previous month to 14.74 million. Data showed that full-time employment increased by 5,200 and part-time employment rose 35,200.
Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
FREE 7-Day Trial – No Payment Required
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.