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MNI 5 Things: Australia Aug Labor Force...>

AUSTRALIA
AUSTRALIA: MNI 5 Things: Australia Aug Labor Force Report Overall Positive
- Australia added more jobs than expected in August, keeping the unemployment
rate unchanged at 5.3% for the second straight month -- the lowest since
November 2012, data from the Australian Bureau of Statistics, published
Thursday, showed. Overall a positive report that showed a rise in participation
rate, a rise in employment-to-population ratio, strong gains in employed
numbers, a fall in labor underemployment rate and a fall in labor
underutilization rate. The data supports the Reserve Bank of Australia's
positive outlook for the labor market.
- For full story see MNI Main Wire at 12:21 BST 09/12, or contact us for full
access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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