Finance Finance News Unemployment rate rises to six per cent, despite new jobs
Updated:

Unemployment rate rises to six per cent, despite new jobs

Centrelink
Centrelink has been told to suspend its controversial "robo-debt" program. Photo: AAP
Share
Twitter Facebook Reddit Pinterest Email

Australia’s unemployment rate has risen to 6 per cent, despite almost 16,000 jobs being added.

The Bureau of Statistics figures for June show a 0.1 percentage point increase from last month’s upwardly revised jobless rate of 5.9 per cent, which was originally reported as being 5.8 per cent in last month’s release.

Economist forecasts had centred on the jobless rate rising to 5.9 per cent, up from 5.8 per cent where it had been for several months.

Job creation slightly beat forecasts, with analysts expecting around 12,000 new jobs to have been added last month.

However, of the total 15,900 jobs added, 19,700 were part-time and were offset by a fall of 3,800 full-time positions.

More to come.

Comments
View Comments