TeleTrade - Analytics

    TeleTrade

    731.00 6.50/10
    57% of positive reviews
    Real

    17.03.2016 09:59 Australia's unemployment rate declines to 5.8% in February

    The Australian Bureau of Statistics released its labour market data on Thursday. Australia's unemployment rate declined to 5.8% in February from 6.0% in January. Analysts had expected the unemployment rate to remain unchanged at 6.0%.

     

    The number of employed people in Australia increased by 300 in February, missing forecast of a rise by 10,000, after a decline by 7,400 in January. January's figure was revised up from a fall by 7,900.

     

    Full-time employment climbed by 15,900 in February, while part-time employment fell by 15,600.

     

    The participation rate declined to 64.9% in February from 65.1% in February.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree