The Australian currency was able to enter again the positive grounds followed by an increase in employment data in April while the unemployment rate decrease reaching its lowest level for this year. The economy of Australia was able to add more jobs about 37,400, the figures are lower than the previous month reaching 60,000 approximately, however, the number remains strong according to the report of the Australian Bureau of Statistics. Because it surpasses the estimated 5,000 jobs assessed by the economists. The jobless rate declined by 5.7 percent versus 5.9 percent in the month of March which reaching an equal value in January. Moreover, central bank’s minutes of meeting was released showing a thorough discussion regarding the adjustment in the employment composition as it indicates the differences between the full-time and part-time works and it became less important when it comes to the assessment of the labour market status. Additionally, the Aussie expanded hitting 0.3 percent towards $0.7456 after the publication of the stronger data.
TAUTAN CEPAT
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