Australia April employment unexpectedly falls, jobless rate ticks up

SYDNEY  – Australia employment unexpectedly dipped in April, following two months of outsized gains, while the jobless rate also ticked up, in a sign that the red-hot labor market might be cooling. Figures from the Australian Bureau of Statistics showed net employment fell 4,300 in April from March, when they rebounded by a revised 61,100. … Continue reading Australia April employment unexpectedly falls, jobless rate ticks up