Unlocking the Latest Employment Data in Australia: A Heartfelt Look at the Labor Market’s 39.7K Rise
Australia’s labor market demonstrates resilience with 39.7k jobs added Overview In May, Australia’s labor market showed its resilience by adding 39.7k jobs, slightly surpassing expectations. This increase was driven by a significant rise of 41.7k full-time jobs, while part-time jobs saw a slight decline of -2.1k. Additionally, the unemployment rate decreased from 4.1% to 4.0%,…