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Australia's jobless rate rises slightly

July 13, 2007 00:00:00


SYDNEY, July 12 (AFP): Australia's unemployment rate rose to a seasonally adjusted 4.3 per cent in June from a record low of 4.2 per cent in May, official figures showed today.
Market analysts had expected the jobless rate to have stayed at 4.2 per cent.
Full-time employment decreased by 34,300 to 7.495 million, while part- time employment rose by 36,900 to 2.964 million, the Australian Bureau of Statistics (ABS) said.
The ABS said that on a seasonally adjusted basis, the number of people employed had increased by 2,500 to 10.460 million. The consensus forecast was for a rise of 15,000.
The number of people looking for work increased by 8,200 to 472,000. Of these, the number looking for full-time work rose by 4,400 to 330,600, while the number looking for part-time work increased by 3,800 to 141,400.

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