CyberMongrel wrote a post · May 16 09:44

AUS Employment change and unemployment rate April

38.5k vs +25.3k forecast and -6.6k in March = Better than expected
Full-time employment increased by 19,600 and part-time employment increased by 11,300
Unemployment rate 4.1% vs 3.9% forecast and 3.8% in March = Worse than expected, but participation rate ticked up 0.1% to 66.7% explains part of the jump

Breaking it down, full-time employment saw a rise of 19,600, and part-time employment added another 11,300. Both are great indicators of a healthy job market, and I'm sure those extra hours (or full-time gigs) are bringing some much-needed stability to families and individuals. 👨 ‍👩‍👧‍👦what's my take on this? Well, I think it's a mixed bag, but mostly positive! 🎈 $S&P/ASX 200(.XJO.AU)$

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CyberMongrel

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