Australian Employment Rose 42,300 in May; Estimate 16,000 Gain
Thursday, 13 June 2019 08:50 WIB |
ECONOMY |Ekonomi Australia
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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