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Australia: Mixed news from the labour front
Employment growth of 38,500 was stronger than the consensus expectation for 23,700 job gains in April. But the good news ends there. Full-time jobs with their higher wages and other benefits fell by 6,100 and there was a small downward revision to the previous month's gains. Part-time employment growth made up all of the increase in the headline figure. There was also a bigger-than-usual increase in the number of unemployed. Total unemployment rose by just over thirty-thousand in April. This was less than the increase in the labour force but was enough to push up the unemployment rate from an upward revised 3.9% to ... (full story)
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From meti.go.jp|May 16, 2024tables
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- Posted: May 16, 2024 1:05am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,599
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