Australia's jobless rate increases as payrolls are reduced

Source: Bloomberg
In June, this year, payrolls were decreased, thus increasing the unemployment rate to 5.2% in July. As reported by the Statistics Bureau in Sydney, the numbers by 27,000 jobless people as there is a lack of full time employees. Furthermore, the Australian Dollar weakened against the US Dollar to USD1.0193, with the interest rate of the one-year bonds going down to 2.332%.

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