logo
Plus   Neg
Share
Email

Australia Jobless Rate Rises To 5.6% In April

The unemployment rate in Australia came in at a seasonally adjusted 5.6 percent in April, the Australian Bureau of Statistics said on Thursday.

That exceeded expectations for 5.5 percent, which would have been unchanged from the March reading.

The Australian economy added 22,600 jobs last month - beating forecasts for 20,000 following the addition of 4,900 in the previous month.

The participation rate climbed to 65.6 percent - again topping expectations for 65.5 percent, which would have been unchanged.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT