Jobless rate rises to 5.1% but new full-time jobs increase

Australia’s jobless rate rose in May but there was some positives in the figures, with employers adding the most full-time jobs since November 2010.

The unemployment rate last month inched higher to 5.1% from a revised 5.0% in April, according to the Australian Bureau of Statistics figures released today.

The economy added 46,100 full-time jobs in May, with the net gain of 38,900 when the loss of 7,200 part-time positions was deducted.

This article first appeared on SmartCompany.

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