Global Economic News

Australia Unemployment Rate Steady At 3.9%; 60.6K Jobs Added

The jobless rate in Australia came in at a seasonally adjusted 3.9 percent in May, the Australian Bureau of Statistics said on Thursday - unchanged from the April reading but above expectations for 3.8 percent.

The Australian economy added 60,600 jobs last month, blowing away forecasts for an increase of 25,000 jobs after the increase of 4,000 jobs a month earlier.

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by RTTNews Staff Writer

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