Australia jobless rate ticked higher in April, job additions beat estimates

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The Australian economy added 22.6K jobs in April, still, the unemployment rate ticked higher to 5.6 percent from the previous month’s reading of 5.5 percent, the Australian Bureau Statistics (ABS) data showed. Economists were expecting employment change (job additions) of 20K vs downwardly revised -0.7K in March. April Key Points Trend Estimates (Monthly Change) Employment […]

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