Australia's Jobless Rate Falls to 6% in May

Australia's seasonally adjusted unemployment rate decreased to 6.0 percent in May of 2015 from a revised 6.1 percent reported in the previous month and beating market forecasts, as the economy added 42000 jobs and the number of unemployed declined by 22000.
ABS l Rida Husna l rida@tradingeconomics.com 6/11/2015 6:23:02 AM
The seasonally adjusted labour force participation rate remained steady at 64.7 percent from a revised April 2015 estimate. 

Employment increased to 11,759,600. Full-time employment rose by 14,700 to 8,128,600 and part-time employment increased by 27,300 to 3,630,900 persons in May 2015 (seasonally adjusted). Unemployment decreased by 22,000 to 745,200. 

The number of unemployed persons looking for full-time work decreased 23,500 to 514,500 and the number of unemployed persons only looking for part-time work increased 1,500 to 230,800.

Seasonally adjusted aggregate monthly hours worked series increased 2.2 million hours (0.1 percent) in May 2015 to 1,631.8 million hours.

Australia