The jobless rate in Australia came in at a seasonally adjusted 5.5 percent in April, the Australian Bureau of Statistics said on Thursday.That was beneath expectation for 5.6 percent and down from the upwardly revised 5.7 percent in March (originally 5.6 percent).The Australian economy lost 30,600 jobs to 13,040,400 last month, well shy of expectations for a gain of 15,000 jobs following the addit...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.