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Australia labour market, jobs report, for May … HUGE beats
Employment Change: +115.2K Unemployment Rate: 5.1%, much lower despite a higher participatiion rate Full-Time Employment Change: +97.5K Part-Time Employment Change: +17.7K Participation Rate: 66.2% Big job gains. Good news for the economy. If wage gains were evident also (they are curently not) the RBA would be happy as that’d be a
Search Web: Australian May Employment Change +115.2K (expected +30K) & Unemployment Rate: 5.1% (expected 5.5%)
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