Australia's unemployment rate rises to 3.7 per cent as thousands of jobs were lost last month, defying economists' expectations of further employment gains.
abc.net.au/news/unemployment-jobs-april-2023-abs/102361398Australia's unemployment rate has risen to 3.7 per cent after an estimated 4,300 jobs were lost last month, according to official estimates from the Australian Bureau of Statistics .
However, the number of officially unemployed people rose in April, by 18,000, and the participation rate decreased slightly, by 0.1 percentage points, to 66.7 per cent.ABS head of labour statistics Bjorn Jarvis said the small fall in employment last month followed an average monthly increase of 39,000 jobs in the first three months of the year.
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