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Thursday, 16 July 2020

Australia Adds 210,800 Jobs In June

The Australian economy gained 210,800 jobs in June, the Australian Bureau of Statistics said on Thursday - blowing past expectations for the addition of 112,500 jobs following the loss of 227,700 jobs in May.

The unemployment rate came in at a seasonally adjusted 7.4 percent in June - in line with forecasts and up from 7.1 percent in the previous month.

The participation rate climbed to 64.0 percent - exceeding expectations for 63.6 percent and moving up sharply from 62.9 percent a month earlier.


The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2160492/

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