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Unemployment falls to 5.7% in April

SMH |  18 May 2017  |  Economics


Australia's unemployment rate fell to 5.7 per cent in April, official figures show, beating expectations of a flat rate of 5.9 per cent.

The total number of people with jobs rose by 37,400 in the month, the Australian Bureau of Statistics said on Thursday.

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Full-time employment fell by 11,600 jobs, while the number of part-time jobs was up 49,000.

The participation rate, which refers to the number of people either employed or actively looking for work, was flat at 64.8 per cent.

Read More: http://www.smh.com.au/business/the-economy/unemployment-falls-to-57-in-april-20170518-gw7kse.html

 

 

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