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Australia's jobless rate rose for a second month, to 5.2% in June from 5.1% in May. The number...

Australia's jobless rate rose for a second month, to 5.2% in June from 5.1% in May. The number of people employed fell by 27K, led by essentially erasing a revised 27,800 job gain in May. Aussie dollar -0.8% to $1.0168. ASX 200 index -0.7%.
Comments (2)
  • ...and I'm helping outsource jobs out of Australia, into the U.S. of all places. Their commodity industry is absolutely shredding the rest of the Australian economy.
    12 Jul 2012, 04:26 AM Reply Like
  • The decrease was largely driven by a drop in full-time employment. Part-time jobs increased by more than 6,000
    Australia's unemployment rate still remains lower than most wealthy countries.
    12 Jul 2012, 04:44 AM Reply Like
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