Financial News: Australia Unemployment Rate Steady At 4.1%

Australia Unemployment Rate Steady At 4.1%

05/15/2025 - 01:41:00 (RTTNews)

(RTTNews) - Australia's unemployment rate remained unchanged in April and employment increased sharply, data from the Australian Bureau of Statistics showed on Thursday.

The jobless rate remained unchanged at 4.1 percent in April, in line with expectations. Employment increased sharply by 89,000 from the previous month. Economists had expected only an increase of 20,900 for April.

At the same time, the number of unemployed increased by 6,300 in April.

The strong growth in employment led to a rise in the employment-to-population ratio of 0.3 percentage points to 64.4 percent in April, just below the record high of 64.5 percent seen in January, ABS head of labour statistics Sean Crick said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Industrial Output Adds 0.5% In May (03 hr(s), 23 min(s), 03 sec(s) ago)
(RTTNews) - Industrial production in Japan was up a seasonally adjusted 0.5 percent on month in Ma ...Full Story»

South Korea Industrial Output Sinks 2.9% In May (04 hr(s), 04 min(s), 03 sec(s) ago)
(RTTNews) - Industrial production in South Korea was down a seasonally adjusted 2.9 percent on mon ...Full Story»

Japan Industrial Output Data Due On Monday (05 hr(s), 12 min(s), 03 sec(s) ago)
(RTTNews) - Japan will on Monday release preliminary May numbers for industrial production, highli ...Full Story»

U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June (13 hr(s), 11 min(s), 03 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates (13 hr(s), 35 min(s), 03 sec(s) ago)
(RTTNews) - While the Commerce Department released a closely watched report on Friday showing cons ...Full Story»

Brazil Jobless Rate Falls To 6.2% (13 hr(s), 39 min(s), 03 sec(s) ago)
(RTTNews) - Brazil's unemployment rate decreased in the three months ending in May, figures fr ...Full Story»

Turkish Economic Confidence Steady At 96.7 (13 hr(s), 58 min(s), 03 sec(s) ago)
(RTTNews) - Turkey's economic sentiment remained stable in June after rising marginally in the ...Full Story»

Iceland Inflation Rises To 4.2% (14 hr(s), 31 min(s), 03 sec(s) ago)
(RTTNews) - Consumer price inflation in Iceland accelerated in June after easing in the previous m ...Full Story»