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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)
  • faustius
    , contributor
    Comments (467) | Send Message
     
    ...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
  • marilyn61
    , contributor
    Comments (173) | Send Message
     
    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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