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Australia employment grew 75.6k in May, unemployment rate back to 3.6%

Australia employment grew 75.6k in May, unemployment rate back to 3.6%
Australia employment rose 75.6k in May, well above expectation of 16.5k. Full time jobs grew 61.7k while part-time jobs grew 14.3k. Unemployment rate dropped from 3.7% to 3.6%, below expectation of 3.7%. Participation rate rose from 66.7% to 66.9%. Monthly hours worked dropped -1.8% mom. Employment-to-population ratio rose 0.2% to 64.5%, a record high. Bjorn […] The post Australia employment grew 75.6k in May, unemployment rate back to 3.6% appeared first on Action Forex... Read More
Posted: Jun 15 2023, 05:36
Author Name: actionforex
Views: 092118

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