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19.08.2021 03:34:57

Australia Unemployment Rate Falls To 4.6% In July

(RTTNews) - The jobless rate in Australia came in at a seasonally adjusted 4.6 percent in July, the Australian Bureau of Statistics said on Thursday - well beneath expectations for 5.0 percent and down from 4.9 percent in June.

The Australian economy added 2,200 jobs last month versus expectations for the loss of 46,200 jobs following the addition of 29,100 jobs a month earlier.

The participation rate came in at 66.0 percent - in line with expectations and down from 66.2 percent in the previous month.