Aug 6, 2015
Australian jobs: July beats estimates yet again
Australia published solid employment figures for the month of July, with the ABS reporting an increase in employment jobs change by 38.5k (seasonally adjusted). Full-time jobs came in at 12.4k vs 24.5k last, while part-time saw a jump of 26.1k. Australian unemployment rate ticked up to 6.3% vs 6.1% expected and 6% last, although that was due to an increase in the participation rate to 65.1% vs 64.8% exp and 64.8% last.
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