Australia’s Unemployment Rate Jumped in April but Lower Than Expected

Australia’s Unemployment Rate Jumped in April but Lower Than Expected
Cranes work on a building site in Melbourne's central business district on October 2, 2018. WILLIAM WEST/Getty Images
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Australia’s unemployment rate jumped to a seasonally-adjusted 6.2 percent in April following COVID-19-related lockdowns but the spike was lower than economists had expected.

There were 594,300 jobs lost during the month, with a decrease of 220,500 jobs in full-time work and 373,800 people in part-time employment, figures from the Australian Bureau of Statistics showed on May 14.

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