The unemployment rate in Australia increased to 4.1% in February from 4.1% in January, in accordance with the official data published by the Australian Bureau of Statistics (ABS) on Thursday. This number was in line with the market consensus.

In addition, the Australian change of employment reached -52.8 thousand. In February with 30.5 thousand In January (changed from 44,000), compared to a consensus forecast of 30,000

The indicator of participation in Australia dropped to 66.8% in February, compared to 67.2% in February (changed from 67.3%). Meanwhile, full -time employment decreased by 35.7 thousand. In the same period from the growth by 36.9 thousand In previous reading (improved from 54.1k). Part -time employment decreased by 17,000. In February compared to -6.5 thousand Before (changed from -10.1k).

Market reaction to data on employment of Australia

Australian dollar (AUD) attracts some sellers in accordance with employment data. At the time of writing, the Aud/USD pair trads 0.52% lower on the day to trade at 0.6343.