Australian May unemployment rate 4.4% (expected 4.4%, prior 4.5%)


A solid bounce back for jobs, albeit the bulk are part-time and not full-time.

Jobless rate in line and down from April, participation rate steady.

I’ll have more to come on this separately.

The jobs data follows yesterday’s CPI:

This article was written by Eamonn Sheridan at investinglive.com.