Investing.com - Australian employment change rose more-than-expected in March, official data showed on Thursday.
In a report, Australian Bureau of Statistics said that Australian employment change rose to a seasonally adjusted 37.8K, after falling by -8.6K in February, whose figure was revised from a decline of -10.1K.
Analysts had expected Australian employment change to rise by 23.1K in March.
The report also showed that Australia’s unemployment rate unexpectedly declined in March, falling to 4.9%, compared to 5.0% in February.
Analysts had expected Australia’s unemployment rate to remain unchanged at 5.0% in March.
Following the release of the data, the Australian dollar was up against its U.S. counterpart, with AUD/USD gaining 0.14% to hit 1.0456.
In a report, Australian Bureau of Statistics said that Australian employment change rose to a seasonally adjusted 37.8K, after falling by -8.6K in February, whose figure was revised from a decline of -10.1K.
Analysts had expected Australian employment change to rise by 23.1K in March.
The report also showed that Australia’s unemployment rate unexpectedly declined in March, falling to 4.9%, compared to 5.0% in February.
Analysts had expected Australia’s unemployment rate to remain unchanged at 5.0% in March.
Following the release of the data, the Australian dollar was up against its U.S. counterpart, with AUD/USD gaining 0.14% to hit 1.0456.