Australia’s unemployment rate at 5.4 percent

By IANS,

Sydney: Australia’s unemployment rate remained unchanged at 5.4 percent in February, data released Thursday by the Australian Bureau of Statistics (ABS) showed.


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The ABS reported the number of people employed increased by 71,500 to 11,628,300 in February, reported Xinhua.

Full-time employment rose 17,800 to 8,117,400 in February while part-time employment was up 53,700 to 3,510,800.

The number of people unemployed rose by 400 people to 660,000 in February, the ABS said.

The forecast was for total employment to rise 8,000 in February with the unemployment rate of 5.5 percent, according to the Australian Associated Press’s survey of 15 market economists.

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