MP3: Jobless rate steady but to rise by year's end

12.06.2013

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Jobless rate steady but to rise by year\'s end MP3

Official figures show unemployment eased slightly to 5.5 per cent, but with almost no new jobs created. The official Bureau of Statistics estimates show unemployment dipped modestly from an upwardly revised 5.6 per cent in April to 5.5 per cent in May. The fall in unemployment was driven more by a 0.1 percentage point fall in the participation rate than it was by an increase in jobs. Source: abc.net.au

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