Australia – Unemployment steady at 5.8%

Australia’s strong economic performance since the start of the year has failed to increase the number of people in work. 

The number of people in the workforce fell by 4,800 in May, figures released on Thursday showed, when economists were expecting an increase of 10,000.

Although the number of full-time workers rose 22,200, it was offset by a 27,000 drop in the number of part-time workers.

The unemployment rate also remained at 5.8% for a third month in a row.

Chosen excerpts by Job Market Monitor. Read the whole story at  Australian unemployment steady at 5.8% despite buoyant economy | Business | theguardian.com.