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Australia's Job Market Surges With 89,000 New Roles, Unemployment Steady At 4.1%

12 0
16.05.2025

Australia's labor market delivered an unexpected boost in April, with 89,000 new jobs added -- far exceeding forecasts and highlighting continued economic resilience.

The strong job gains come despite growing concerns over global trade tensions and weak consumer spending. Job advertisements remain above pre-pandemic levels, and wage growth in the private sector continues to be moderate, supporting overall labor market stability, Reuters reported.

However, economists still expect the........

© International Business Times