Monday, November 24, 2014   

Australia joblessness remains high
(03-13 10:26)

Australia's unemployment rate was steady at 6 percent, its highest level in a decade, for the second straight month in February despite a better-than-expected rise in full-time positions, data showed Thursday.
The Australian Bureau of Statistics said the seasonally-adjusted unemployment rate increased by 0.1 percentage point, but the rounded estimate remained at 6 percent.
The figures show that the number of people employed increased by 47,300 to 11,530,800 over the month, but strong growth in full-time positions was offset by falls in part-time workers.
“Full-time employment increased 80,500 to 8,049,900 and part-time employment decreased 33,300 to 3,480,900,'' the bureau said.
The jobless rate swelled from 5.8 to 6 percent in January, reaching its highest point since the global financial crisis, when it peaked at 5.8 percent, and its worst level since July 2003.
   
Other Business breaking news:
PBOC to inject liquidity if necessary (11-21 19:03)
China cuts interest rates (11-21 18:41)
Indexes track Connect (11-21 17:35)
ECB chief says will ramp up asset purchases 'without delay' (11-21 17:09)
European stocks rise at open (11-21 16:23)
Hang Seng ends higher (11-21 16:22)
Nikkei closes higher (11-21 15:03)
Nikkei down by break (11-21 11:03)
Taiwan export orders hit record high on iPhone 6 demand (11-20 19:08)
Japan exports up 9.6 percent in October (11-20 18:41)

More breaking news >>

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