“Australian employers added part-time jobs in January and fewer people hunted for work, helping keep the unemployment rate unchanged, as interest rates at a half- century low support hiring.
The number of people employed rose 10,400 from December, the statistics bureau said in Sydney today, as part-time positions advanced by 20,200. The gain compared with the median estimate for a 6,000 increase in a Bloomberg survey of 25 economists. The unemployment rateheld at 5.4 percent as about 30,000 new jobs in resource-rich Queensland state offset a similar decline in the manufacturing hub of Victoria….”
If you enjoy the content at iBankCoin, please follow us on Twitter