Australia January Fulltime employment improves to -7100 vs -32100

Feb 13, 2014

Australia Unemployment Rate s.a. increase to 6% in January from 5.8%

Australian prints worst unemployment rate since 2013

Australian employment change for the month of January came at -3.4K vs +15K expected and -22.6K last, which means a significant blow in expectations. The jobless rate stood at 6% vs 5.9% expected and 5.8% last, which makes it the worst since 2003.