From forexlive.com

The vomitous jobless rate jump somewhat offset by the big jump in employment. But its all in part-time while full-time shrunk. Its not hard to imagine this is firms shedding full time workers and replacing them. table AUD/USD is having a bit of a hard time making sense of this. Let me clear it up. This is a horrible result. It'll put another nail in the coffin of the thought of RBA rate hikes. They are not going to cut any time soon either. More: • M/M change in hours worked flat. • Underemployment 6.6% (prior 6.5%). Underutilization 10.7% (prior 10.3%) ... this combines the unemployment and underemployment ... (full story)

From abc.net.au

Australia's headline unemployment rate rose to 4.1 per cent in April, up 0.2 percentage points from March. The number of people counted as officially unemployed increased by 30,300 last month, while the number of employed people increased by 38,500. With employment and unemployment both rising, the participation rate rose by 0.1 percentage points, to 66.7 per cent, which is relatively high. Bureau of Statistics data show the employment-to-population ratio remained steady at 64 per cent, indicating that recent employment growth is broadly keeping pace with population growth. "This suggests that the labour market ... (full story)