• Big jump for Australian employment in March. AUD/USD rally strong

Market news

13 April 2017

Big jump for Australian employment in March. AUD/USD rally strong

  • Employment increased 16,500 to 12,033,400.

  • Unemployment increased 5,800 to 749,500.

  • Unemployment rate increased by less than 0.1 pts to 5.9%.

  • Participation rate increased by less than 0.1 pts to 64.7%.

  • Monthly hours worked in all jobs decreased 0.4 million hours to 1,668.5 million hours.

Seasonally adjusted estimates (monthly change)

  • Employment increased 60,900 to 12,059,600. Full-time employment increased 74,500 to 8,238,600 and part-time employment decreased 13,600 to 3,821,000.

  • Unemployment increased 4,000 to 753,100. The number of unemployed persons looking for full-time work increased 2,900 to 528,600 and the number of unemployed persons only looking for part-time work increased 1,100 to 224,500.

  • Unemployment rate remained steady at 5.9%.

  • Participation rate increased by 0.2 pts to 64.8%.

  • Monthly hours worked in all jobs increased 3.2 million hours to 1,664.2 million hours.

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