- Analytics
- News and Tools
- Market News
- Australia's unemployment rate declines to 6.1% in March
Australia's unemployment rate declines to 6.1% in March
The Australian Bureau of Statistics released its labour market figures on Thursday. Australia's unemployment rate fell to 6.1% in March from 6.2% in February.
February's figure was revised up from 6.3%.
Analysts had expected the unemployment rate to rise 6.3%. The number of employed people in Australia rose by 37,700 in March, exceeding expectations for an increase by 15,100, after a gain by 41,900 in February.
February's figure was revised up from a rise by 15,600.
The gain was driven by increases in full-time employment. Full-time jobs increased by 31,500 in March, while part-time jobs climbed by 6,100.
The participation rate climbed to 64.8% in March from 64.7% in February. February's figure was revised up from 64.6%.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
