The ABS has released June job numbers and the news is boom again!
- Employment increased 50,900 to 12,573,600. Full-time employment increased 41,200 to 8,565,200 and part-time employment increased 9,700 to 4,008,400.
- Unemployment decreased 1,100 to 714,100. The number of unemployed persons looking for full-time work increased 5,100 to 501,900 and the number of unemployed persons only looking for part-time work decreased 6,100 to 212,200.
- Unemployment rate remained steady at 5.4%.
- Participation rate increased by 0.2 pts to 65.7%.
- Monthly hours worked in all jobs increased 10.7 million hours (0.6%) to 1,750.7 million hours.
Nothing wrong with that! Aussie dollar up 30 pips.
More to come.
