• Australia's unemployment rate is up to 6.3% in July

Market news

6 August 2015

Australia's unemployment rate is up to 6.3% in July

The Australian Bureau of Statistics released its labour market data on Thursday. Australia's unemployment rate rose to 6.3% in July from 6.1% in June, missing expectations for a decline to 6.0%. June's figure was revised up from 6.0%.

The number of employed people in Australia climbed by 38,500 in July, beating forecast of a rise by 10,000, after a gain by 7,000 in June. June's figure was revised down from a rise by 7,300.

Full-time employment rose by 12,400, while part-time employment climbed by 26,100.

The participation rate was 65.1%.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.