INTERNATIONAL Australia: Jobless rate still low, minister still proud

The Australian unemployment rate rose by 0.1 percentage points to 5.2% in June. It had stood at less than 5% in April, as recruiter.co.uk reported.

Fri, 13 Jul 2012
The Australian unemployment rate rose by 0.1 percentage points to 5.2% in June. It had stood at less than 5% in April, as recruiter.co.uk reported.

Overall, full-time employment fell by 33,500 people in June, while part-time jobs actually increased by a net 6,600 to see total employment fall by 27,000.News statements from Australia’s minister for employment and workplace relations Bill Shortern continue, as in previous months, to emphasise the country’s labour position on a global level, saying: “In the face of too many doom and gloom headlines, the Australian economy is clearly performing strongly compared to the rest of the world.”

Japan and South Korea both have unemployment rates sitting comfortably and consistently below 5% and 4% respectively, show their respective national bodies for statistics and demographics, while according to EU agency Eurostat, the only European economies with unemployment below 6% were Austria (4.1%), Netherlands (5.1%), Luxembourg (5.4%) and Germany (5.6%).

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