Sunday, August 31, 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


   
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More breaking news >>

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