HomeLive CommentsAustralia's employment grows 38.5k in Apr, unemployment rate rises to 4.1%

Australia’s employment grows 38.5k in Apr, unemployment rate rises to 4.1%

ActionForex
By ActionForex

Australia employment grew 38.5k in April, well above expectation of 25.3k. Full-time jobs fell -6.1k while part-time jobs rose 44.6k. Unemployment rate rose from 3.9% to 4.1%, above expectation of 3.9%. participation rate rose from 66.6% to 66.7%. Monthly hours worked was unchanged. Number of unemployed rose 30.3k or 5.3% mom.

Full Australia employment release here.

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