The unemployment rate in Australia came in at a seasonally adjusted 3.9 percent in April, the Australian Bureau of Statistics said on Thursday – in line with expectations and down from 4.0 percent in March.
The Australian economy added 4,000 jobs last month – well shy of expectations for the addition of 30,000 jobs following the gain of 17,900 jobs in the previous month.
Full-time employment added 92,400 jobs, but that was largely offset by the loss of 88,400 part-time jobs.
The participation rate fell to 66.3, missing expectations for 66.4 – which would have been unchanged.
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