Australia's unemployment rate rose to its highest in nearly 6 years

Source: Internet
Author: User
Keywords Unemployment
Tags continue data economic economic recovery economic stimulus package recovery released
Australia's unemployment rate rose to 5.8% in June, the highest level since August 2003, according to data released by the Australian Bureau of Statistics 9th.  According to the data, the total number of Australian employment declined by 21,400 in the month, while full-time employment fell by 21,900 and part-time employment rose by 400.  Australian Deputy Prime Minister Gillard said that overall, Australia's economic recovery is still bumpy, the Government will continue to implement the economic stimulus package to promote employment. Earlier, economists predicted that Australia's unemployment rate would rise to 5.9% in June and that the total number of people in employment would fall by 20,000. Australia's unemployment rate was 5.7% in May. The Australian government warned that the unemployment rate could climb further, with a forecast of 8.25% per cent in 2010.
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