Wednesday 18 May 2016

Australia's unemployment rate stays flat at 5.7% in April

Statistic beats market expectations, while total number of people with jobs rises 10,800 in the month

Australia’s unemployment rate was flat at 5.7% in April, beating market expectations.

The total number of people with jobs rose by 10,800 in the month, the Australian Bureau of Statistics said on Thursday, which was worse than expectations of a rise of 12,000.

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