Australia: Unemployment rate stays at 5.4% in June - TDS

Light rail construction workers

The Australian economy added 50,900 jobs in June, about three times that of economists' estimates, while the unemployment rate held steady at 5.4 percent, latest official figures showed Thursday.

It helped the unemployment rate stay steady at 5.4 per cent due to a lift in participation. It was the third consecutive month that the jobless rate fell. Markets had been expecting jobs growth of just 16,000.

A record 619,900 WA women have a job.

"It is great news for WA that our unemployment level has dropped", he said.

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"We have people here on working holiday visas who are not here to take a holiday and the government should be looking at that".

The central bank in Indonesia will wrap up its monetary policy meeting and then announce its decision on interest rates.

Labor's employment spokesman Brendan O'Connor blamed temporary visa holders, global students and working holiday makers for keeping underemployment close to its peak at 8.5 per cent.

"With full-time contributing most of the gain +41k while part-time rose +10k, hours worked increased by 0.6% which all together rounds out a positive June employment result". More than half of the jobs were created in NSW.

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The total number of people unemployed fell slightly, by 1100.

Federal Treasurer Scott Morrison said the increase in WA was particularly welcome given the hardships of recent years.

In WA, the under-employment rate was 15.3 per cent - higher than it was a year ago.

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