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Australia Jobless Rate rises to 6.0% with 41 pips price movement for AUD/USD

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by , 02-18-2016 at 02:46 PM (1092 Views)
      
   
The unemployment rate in Australia climbed to 6.0 percent in January, the Australian Bureau of Statistics said on Thursday.

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  • Employment decreased 7,900 to 11,894,500. Full-time employment decreased 40,600 to 8,185,800 and part-time employment increased 32,700 to 3,708,700.
  • Unemployment increased 30,200 to 761,400. The number of unemployed persons looking for full-time work increased 25,600 to 544,100 and the number of unemployed persons only looking for part-time work increased 4,600 to 217,300.
  • Unemployment rate increased 0.2 pts to 6.0%.
  • Participation rate remained steady at 65.2%.
  • Monthly hours worked in all jobs increased 10.9 million hours to 1,656.0 million hours.



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