Thursday, June 13, 2019

Unemployment remains steady at 5.2pc despite an extra 42,300 jobs

Australia's unemployment rate remained stuck at 5.2 per cent last month, despite the creation of 42,300 jobs in May. 

The Bureau of Statistics figures show part-time employment increased by 39,800, while full-time employment only rose by 2,400. 

However, ABC's Peter Ryan says the jobs creation won't be enough to stop the Reserve Bank from cutting interest rates further this year.

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