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Australian Unemployment Rate rose to 5.8%

Aussie fell this morning as job data showed mixed figures. Employment increased 7,900 to 11,939,600. This was below forecasted increase by 10,100. Full-time employment increased 38,400 to 8,198,900 and part-time employment decreased 30,600 to 3,740,700. Unemployment increased 9,900 to 734,200.  Read more...

NFP employment rose by 287,000 jobs

Total nonfarm payroll employment increased by 287,000 in June, after changing little in May (+11,000). In June, job growth occurred in leisure and hospitality, health care and social assistance, and financial activities. Employment also rose in information, largely reflecting the return of workers from a strike. Read more...

Australian Unemployment Rate remained steady at 5.7%

Australia’s unemployment rate remained unchanged last month, official data showed on Thursday. In a report, Australian Bureau of Statistics said that Australian unemployment rate remained unchanged at a seasonally adjusted 5.7%, from 5.7% in the preceding month. Analysts had expected Australian unemployment rate to remain unchanged at 5.7% last month.  Read more...

UK unemployment rate fell to 5%

The UK unemployment rate has fallen to 5%, the lowest since October 2005, according to official figures. The unemployment total fell to 1.67 million in the February-to-April period, down 20,000 from the previous quarter, the Office for National Statistics (ONS) said. The number of people in work rose by 55,000, with the employment rate remaining at a record high of 74.2%. Earnings, excluding bonuses, rose by 2.3% compared with last year. The rise was bigger than analysts had expected, and pay growth in April itself was 2.5%, which the ONS said was partly due to the introduction of the National Living Wage. Read more...

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