Australia's jobless rate at 4.1% in June above estimates

seekingalpha07-18

Data showed that Australia added more jobs than expected in June amid high vacancies and strong participation rate, although the unemployment rate edged up to 4.1%, up from May's figure which was also...

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The number of unemployed individuals increased by 9.7 thousand to 608.2 thousand, as people looking for part-time jobs rose by 7.5 thousand to 206.4 thousand and those seeking full-time jobs increased by 2.2 thousand to 401.8 thousand.   Meanwhile, employment climbed 50.2 thousand to 14.41 million, the most in four months, easily surpassing market consensus of a 20 thousand gain and accelerating from an upwardly 39.5 thousand rise in May.  Additionally, monthly hours in all jobs increased by 15 million or 0.8% to 1,967 million.  The S&P/ASX 200 Index shed 0.2% to around 8,041 on Thursday. ETFs: (EWA), (FXA), (FLAU). More on Australia  Australia’s trade surplus below forecasts in May as imports grow faster than exports RBA minutes show if \"inflation expectations\" change, it is ready to raise rates Australia’s monthly inflation rate accelerates to 4.0% in May, highest in six months Australia leaves cash rate unchanged for fifth time at 4.35% Australia reports Q1 GDP growth of 0.1% below estimates","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2452612263"}