Australian unemployment rate rises to 4.1 pct

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Australian unemployment rate rises to 4.1 pct

STORY: Australian unemployment rate rises to 4.1 pct SHOOTING TIME: May 15, 2024 DATELINE: May 17, 2024 LENGTH: 00:01:14 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of ABS House 2. various of Canberra employees STORYLINE: Australia's unemployment rate rose for a second straight month to 4.1 percent in April. According to official figures released by the Australian Bureau of Statistics (ABS) on Thursday, the unemployment rate rose from 3.9 percent in March to 4.1 percent in April -- the equal-highest rate since January 2022. The rise in the unemployment rate came despite the number of employed Australians increasing by 38,500 people between March and April, with a 44,600 rise in part-time positions partially offset by a 6,100 fall in full-time roles. In the same period, the number of unemployed people -- meaning those who are not employed but are actively looking for work -- rose by 30,300 to 604,200. The participation rate, which measures the proportion of the working-age popu

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