Market news
15.06.2017, 06:26

Australian employment change rose more than expected in May

Trend estimates (monthly change):

Employment increased 25,200 to 12,122,100.

Unemployment decreased 4,800 to 729,200.

Unemployment rate remained steady at 5.7%.

Participation rate remained steady at 64.8%.

Monthly hours worked in all jobs increased 2.9 million hours (0.18%) to 1,677.7 million hours.

Seasonally adjusted estimates (monthly change):

Employment increased 42,000 to 12,152,600. Full-time employment increased 52,100 to 8,287,400 and part-time employment decreased 10,100 to 3,865,200.

Unemployment decreased 18,600 to 711,900. The number of unemployed persons looking for full-time work decreased 23,000 to 489,300 and the number of unemployed persons only looking for part-time work increased 4,400 to 222,700.

Unemployment rate decreased by 0.2 pts to 5.5%.

Participation rate increased by less than 0.1 pts to 64.9%.

Monthly hours worked in all jobs increased 31.1 million hours (1.87%) to 1,695.3 million hours.

© 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.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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
Feedback
Live Chat E-mail
Up
Choose your language / location