The Australian Bureau of Statistics released its labour market data on Thursday. Australia’s unemployment rate remained unchanged at 5.7% in April. Analysts had expected the unemployment rate to rise to 5.8%.
The number of employed people in Australia increased by 10,800 in April, missing forecast of a rise by 12,500, after a decline by 25,700 in March. March’s figure was revised down from a rise by 26,100.
Full-time employment declined by 9,300 in April, while part-time employment climbed by 20,200.
The participation rate declined to 64.8% in April from 64.9% in March.
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