Australia Unemployment Holds at 4.3% Even as Full-Time Jobs Jump

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Australian unemployment held steady in March as hiring persisted in the face of shockwaves from the US-Israeli war on Iran, which has driven up fuel prices and given another leg up to inflationary pressures.Employment advanced by 17,900, driven entirely by full-time roles, data from the Australian Bureau of Statistics showed Thursday. The jobless rate held at 4.3%, matching forecasts. The figures reinforce the Reserve Bank’s view that the labor market remains relatively tight.