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Economy And The Numbers

Australia Unemployment Rate Climbs To 4.3% In June

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

The jobless rate in Australia came in at a seasonally adjusted 4.3 percent in June, the Australian Bureau of Statistics said on Thursday.

That was above expectations for 4.1 percent, which would have been unchanged.

The Australian economy added 2,000 jobs last month, well shy of forecasts for a gain of 21,000 following the loss of 2,500 jobs in May.

The participation rate was 67.1 percent, topping forecasts for 67.0 percent, which would have been unchanged.

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