Australian May Employment Change +115.2K (expected +30K) & Unemployment Rate: 5.1% (expected 5.5%)


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Australia labour market, jobs report, for May … HUGE beats

Employment Change: +115.2K 
Unemployment Rate: 5.1%, much lower despite a higher participatiion rate 
Full-Time Employment Change: +97.5K 

  • prior was +33.8K 

Part-Time Employment Change: +17.7K 

  • prior was -64.4K

Participation Rate: 66.2% 

 more to come   
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