Australian May unemployment rate 4.4% (expected 4.4%, prior 4.5%)

A solid bounce back for jobs, albeit the bulk are part-time and not full-time.

Jobless rate in line and down from April, participation rate steady.

I’ll have more to come on this separately.

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The jobs data follows yesterday’s CPI:

Australia May CPI undershoots on headline but core inflation tops forecasts at 3.6%
This article was written by Eamonn Sheridan at investinglive.com.