July unemployment rises again lower rates

06 August 2015

 

The Labour Force data was released showing a headline unemployment rate of 6.3% (s.a) compared to June’s rate of 6.1% and May’s rate of 5.9%. The increase in the unemployment rate was despite a large 38.5k jobs created in the month – nearly four times the number the market was expecting and the highest July print on record. The rise raised questions yet again about the accuracy of the ABS’s...

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