SYDNEY (Reuters) – Australian employment rebounded in March, recovering from a one-off dive the previous month, while the unemployment rate came in slightly below forecasts, showing a still healthy labour market. Figures from the Australian Bureau of Statistics on Thursday showed net employment rose 32,200 in March from February, when they dropped a revised 57,400. […]
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Australia jobs bounce in March, unemployment at 4.1%
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SYDNEY (Reuters) – Australian employment rebounded in March, recovering from a one-off dive the previous month, while the unemployment rate came in slightly below forecasts, showing a still healthy labour market.
Figures from the Australian Bureau of Statistics on Thursday showed net employment rose 32,200 in March from February, when they dropped a revised 57,400. That was just under market forecasts for a 40,000 rise.
The jobless rate ticked up to 4.1%, from 4.0%, but was still under forecasts of 4.2%. Hours worked fell for a second month as bad weather struck parts of the country.
(Reporting by Wayne Cole; Editing by Himani Sarkar)