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Surprise jump in Aussie jobless rate

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Surprise jump in Aussie jobless rate Empty Surprise jump in Aussie jobless rate

Post by hlk Fri 12 Aug 2011, 12:54

YDNEY: Australia's unemployment rate unexpectedly rose in July to 5.1%, data showed yesterday, hitting its highest level since November last year as the economy shed 22,000 full-time jobs.

The Australian Bureau of Statistics said the jobless rate increased 0.1 percentage point from a revised 5% in June, worse than the 4.9% expected by the market. AFP
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