Forex Account: The unemployment rate of Australia surged up to 5.3 percent after the

Forex Account – According to the latest data of Australian Bureau of Statistics on Thursday (August 12) in the forex market, the unemployment rate of Australia was unexpectedly surged up to 5.3 percent after the seasonal adjustment in July, and the employment figure was increased by 23.5 thousand, the unemployment rate in June was 5.1 percent in the forex market.

The economists who had taken the interviews with the Medias in the forex market had predicted the unemployment rate in July might be 5.1 percent, and the employment amount would be increased by 20 thousand in forex market.

Meanwhile, the Bureau of Statistics released the number of the full time employment people in July was declined by 4200 to 7.87 million; and the part-time employment figure was increased by 27.7 thousand to 3.37 million.

The Bureau of Statistics said after the seasonal adjustment in July the Australia employment rate surged from 65.3 percent in June to 65.5 percent in July in the forex market. And the accumulative hours of the part-time employment was declined by 0.5 percent to 1.58 million hours.

Edited by Laura.