LOGO
LOGO

Global Economic News

Australia Jobless Rate Steady At 5.9%; 60,900 Jobs Added

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The unemployment rate in Australia was unchanged at a seasonally adjusted 5.9 percent in March, the Australian Bureau of Statistics said on Thursday.

That was in line with estimates and unchanged from the February reading.

The Australian economy added 60,900 jobs last month - shattering expectations for a gain of 20,000 following the loss of 6,400 jobs in the previous month.

The participation rate climbed to 64.8 percent - beating forecasts for 64.6 percent, which would have been unchanged.

For comments and feedback contact: 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.

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

Latest Updates on COVID-19