Australian unemployment still flat

Source: WBP Online
Despite the lack of growth in job openings, the Australian jobless rate remained lowest since 2014 at 5.7% in April. The gauge beat analyst expectations which lied at 5.8%, however, the number of added jobs failed to meet analyst forecasts with 10 800 new jobs. Meanwhile, an unanticipated fall in the participation rate cut the supply of available workers.
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