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Published 1 month ago

Australia March employment unexpectedly falls 6,600, jobless rate ticks up to 3.8%

  • Australia's unemployment rate increased to 3.8% in March, with 6600 jobs lost, slightly up from the previous month's 3.7%.
  • The employment drop caused the uptick in the unemployment rate by 0.1 percentage points.
  • Employers cut staff by 6600 due to weak demand, impacting the economy.
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  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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