Australia's unemployment rate picks up slightly in March, to 4.1pc
7 Articles
7 Articles
Extra 32,000 Jobs Added, But Australia’s Unemployment Rate Still Inches Up
Australia’s unemployment rate inched up to 4.1 percent in March, rising from 4 percent the previous month, despite a gain of 32,000 jobs. The increase was due to a larger rise in the number of people looking for work, with 3,000 more Australians counted as unemployed, according to new seasonally adjusted figures from the Australian Bureau of Statistics (ABS). While the monthly rise in the jobless rate may raise eyebrows just weeks out from the f…
Australia jobs rebound in March, markets still stuck on rate cuts
Australian employment rebounded in March, recovering from a one-off dive the previous month, while the unemployment rate came in slightly below forecasts, showing a labour market that remains healthy but does not stand in the way of policy easing.
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