Australia Unemployment Rate Unchanged At 5.2% In July

The unemployment rate in Australia came in at a seasonally adjusted 5,2 percent in July, the Australian Bureau of Statistics said on Thursday - unchanged from the previous month and in line with expectations.

The Australian economy added 41,100 jobs last month, far surpassing expectations for a gain of 14,000 jobs following the increase of 500 jobs in June.

The participation rate was 66.1 percent, exceeding estimates for 66.0 - which would have been unchanged from the previous month.

Unemployment increased 800 to 712,900 persons.

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