Australia’s unemployment rate rises to 3.8% in March as employers shed more than 6,000 jobs
by Peter Hannam from Economics | The Guardian on (#6M5FH)
Reserve Bank and Treasury had predicted unemployment rate would rise from February's 3.7% as interest rates bite
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Australia's economy shed 6,600 jobs last month as employers responded to weak demand by trimming staff numbers.
The unemployment rate in March was 3.8%, the Australian Bureau of Statistics announced on Thursday, rising from February's 3.7%.
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