Unemployment in Australia was unchanged at 5.70% in April, data from the Australia Bureau of Statistics showed. The number of people employed increased by 10,800, a slightly slower pace compared to last month's 12,000 rise. The participation rate fell slightly to a seasonally adjusted basis of 64.80% in April compared to 64.90% in March. Earlier this week the quarterly wage price index in Australia increased a modest 0.40%, less than the previous month's 0.50% increase.
FOMC Minutes Signal Willingness Liftoff
Daily Analysis - 19/05/2016