Unemployment rate falls to 3.5% as the economy adds 32,600 jobs in June on latest ABS figures

The bureau of statistics labour numbers will be examined closely by the Reserve Bank when it meets on August 1 to consider interest rates

Australia’s employers added 32,600 more jobs last month as the economy maintained its resilience despite a leap in interest rates.

Australia’s unemployment rate in June was 3.5%, the Bureau of Statistics said on Thursday. Economists had expected the rate to remain unchanged for the month from May’s 3.6% tally, with a net 15,000 positions added. The ABS revised May’s rate down to 3.5%.

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