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    16.06.2016 08:23 Australia's unemployment rate remains unchanged at 5.7% in May

    16.06.2016 08:23

    Australia's unemployment rate remains unchanged at 5.7% in May

     

    The Australian Bureau of Statistics released its labour market data on Thursday. Australia's unemployment rate remained unchanged at 5.7% in May, in line with expectations.

     

     

    The number of employed people in Australia increased by 17,900 in May, beating forecast of a rise by 15,000, after a gain by 900 in April. April's figure was revised down from a rise by 10,800.

     

     

    Full-time employment was flat in May, while part-time employment climbed by 17,900.

     

     

    The participation rate remained unchanged at 64.8% in May.


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