Unemployment remains steady
The Australian Bureau of Statistics said the unemployment rate remained steady at 5.4% in April, with the number of people employed increasing by 33,700 to a seasonally adjusted 11.025 million.
“The rise in employment was driven by a rise in full-time employment, up 37,500 people to 7.736 million that was offset by a fall in part-time employment, down 3,900 people to 3.290 million,” the ABS said.
“This was the eighth consecutive month Australia has seen a rise in the number of people employed full-time.
However, the number of people unemployed increased 6,500 people to 628,100 in April.
The ABS said seasonally adjusted monthly aggregate hours worked dropped 8.3 million hours to 1,531.4 million hours for the month.
The participation rate in April was 65.2%.
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