Australia Unemployment Rises to 9-Month High

Published in

Australia’s unemployment rate edged up to a 9-month high in April, despite an increase in the number of full-time roles, the Financial Times reported. Australia’s unemployment rate rose to seasonally-adjusted 5.6 per cent in April from 5.5 per cent in the previous month, according to the Australian Bureau of Statistics. That was above the 5.5 per cent forecast in a Reuters poll and broke from a four-month run at the same level. The number of full-time roles increased by 32,700 against a revised fall of 25,100 in March (previously 19,900) while the number of part-time jobs fell by 10,000 from a revised 24,400 in the previous month (previously 24,800). Read more. (Subscription required.)