Australia Employment Rises for Second Month

Australia’s job growth accelerated in April, propelled by full-time employment, indicating diminished slack in an economy fueled by resource shipments to China., ABS 5/13/2010 9:38:18 AM

The Australian unemployment rate remained steady at 5.4 per cent in April, as announced by the Australian Bureau of Statistics today.

The ABS reported the number of people employed increased by 33,700 people to 11.025 million, seasonally adjusted, in April. The rise in employment was driven by a rise in full-time employment, up 37,500 people to 7.736 million that was offset by a fall in part-time employment, down 3,900 people to 3.290 million. This was the eighth consecutive month Australia has seen a rise in the number of people employed full-time.

The number of people unemployed increased in April, up 6,500 people to 628,100.

The seasonally adjusted monthly aggregate hours worked series showed a fall in April, down 8.3 million hours to 1,531.4 million hours. The participation rate in April was 65.2 per cent.

Australia Employment Rises for Second Month