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Australian Employment Rose 42,300 in May; Estimate 16,000 Gain

Thursday, 13 June 2019 08:50 WIB

Ekonomi Australia Australia Employment

Australia central bank ended an almost three-year pause last week, resuming interest rate cuts to try to drive the jobless rate down toward 4.5% -- its new estimate of full employment -- and revive inflation. The statistics bureau released the data in Sydney on Thursday.

Unemployment rate 5.2%; est. 5.1%.

Full-time jobs rose 2,400. Part-time jobs rose 39,800.

Participation rate 66.0%; est. 65.8%.

AUD at 69.23 U.S. cents vs 69.30 cents pre-data.

Source : Bloomberg

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