The unemployment rate in Australia came in at a seasonally adjusted 5.2 percent in March, the Australian Bureau of Statistics said on Thursday.
That was up from 5.1 percent in February, but it beat expectations for 5.4 percent.
The Australian economy added 5,900 jobs last month after collecting 26,700 jobs in February - but that was far better than forecasts that suggested a loss of 30,000 jobs due to the impact of the Covid-19 virus.
The participation rate was steady at 66.0 percent, again beating forecasts for 65.9 percent.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2155345/
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