Saturday, July 26, 2014   

Australian jobless numbers ease
(04-10 14:03)

Unemployment in Australia fell below 6 percent in March, official data revealed today.
The Australian Bureau of Statistics said unemployment dropped from a revised 6.1 percent in February to 5.8 percent aided by a 40,200 lift in part-time positions, which offset a fall in full-time jobs.
“The number of people employed increased by 18,100 to 11,553,200 in March,'' the bureau said.
ANZ chief economist Ivan Colhoun said the data was encouraging.
“The Australian economy has improved a bit in the last three to six months. I think the re-balancing is definitely happening. We can see housing approvals and construction strengthening, we can see consumer spending strengthening a bit, we can see job ads improving ... we can even see some better signs from non-mining investment intentions. There are encouraging signs.''—AFP


   
Other Business breaking news:
BSkyB to take over Italian, German pay TV networks (07-25 18:02)
Russia raises interest rate on geopolitical tensions (07-25 17:51)
China adds 7.4m jobs in first half (07-25 17:21)
German business confidence down in July (07-25 16:43)
Hang Seng finishes on positive column (07-25 16:09)
RBS reports sharp recovery (07-25 16:07)
European markets open lower (07-25 16:06)
German consumer confidence improves (07-25 14:41)
Nikkei ends at six-month high (07-25 14:27)
Resale home price down in second quarter (07-25 12:42)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.