SYDNEY, April 13 (Reuters) - Australia employment blew
past expectations for a second month in March while the jobless
rate held near 50-year lows, data showed on Thursday, a strong
report pointing to a still drum-tight labour market.
Figures from the Australian Bureau of Statistics showed net
employment rose 53,000 in March from February, when they
rebounded by a steep 63,600. Market forecasts had been for a
rise of 20,000, following several months of seasonal volatility.
The jobless rate stayed at 3.5%, when analysts had looked
for a nudge up to 3.6%. Hours worked dipped 0.2% in the month,
though that followed a hefty 3.8% jump in February.
(Reporting by Wayne Cole; Editing by Muralikumar Anantharaman)
Messaging: wayne.cole.thomsonreuters.com@reuters.net))
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