10 May 2013

Australian unemployment rate down

9:01 am on 10 May 2013

The unemployment rate in Australia has fallen from 5.6% to 5.5%.

A labour force survey issued by the Bureau of Statistics estimates that 50,100 jobs were added in April, with 34,500 full-time positions and 15,600 part-time jobs created.

The ABC reports the fall in unemployment came despite an increase in the proportion of the population in work or looking for it, with the participation rate rising from 65.2% to 65.3%.

Total hours worked also rose by 0.7% to 1.64 billion.