Employment increased 25,200 to 12,122,100. Unemployment decreased 4,800 to 729,200. Unemployment rate remained steady at 5.7%. Participation rate remained steady at 64.8%. Monthly hours worked in all jobs increased 2.9 million hours (0.18%) to 1,677.7 million hours. SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE) Employment increased 42,000 to 12,152,600. Full-time employment increased 52,100 to 8,287,400 and part-time employment decreased 10,100 to 3,865,200. Unemployment decreased 18,600 to 711,900. The number of unemployed persons looking for full-time work decreased 23,000 to 489,300 and the number of unemployed ... (full story)

Australian employment surged in May, fueled by a large uptick in full-time jobs, underscoring a strong labor recovery through the first half of 2017. In seasonally adjusted terms, overall employment rose by 42,000 last month, following a gain of 37,400 in April, the national statistics bureau said in a report on Thursday. That was the sixth increase of the past seven months. Economists in a median estimate forecast a gain of 9,700 from April. Full-time employment surged 52,100, after declining by 11,600 the month before. Part-time jobs decreased by 10,100 in May after rising 49,000 the month before. The jobless rate ... (full story)