14.07.2016 03:40:32

Australia Jobless Rate Rises To 5.8& In June

(RTTNews) - The unemployment rate in Australia cane in at a seasonally adjusted 5.8 percent in June, the Australian Bureau of Statistics said on Thursday.

That was in line with expectations, and up from 5.7 percent in May.

The Australian economy added 7,900 jobs in June - shy of expectations for 10,000 following the increase of 19,200 jobs in the previous month.

The participation rate came in at 64.9 percent - beating forecasts for 64.8 percent, which would have been unchanged.

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