The unemployment rate surprised everyone, including the statistics office, by falling to 5.4% last month. There were complaints about the way the data was assessed and the ABS have introduced some changes for the May data. The consensus estimate is now for unemployment to return to 5,7% though some are tipping as high as 5.9%. The May data will be publically released at 01:30 GMT.
Australian unemployment numbers due out today
Source: www.forexlive.com
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