Skip to content
Subscriber Only

Australia Adds Workers as Unemployment Steady; Aussie Gains

May 8 (Bloomberg) -- Australian employers boosted payrolls in April, underscoring an improving economic outlook that prompted the central bank to adopt a neutral policy stance.

The number of people employed rose by 14,200 from a month earlier, the statistics bureau said in Sydney. That compares with the median estimate for an 8,800 increase in a Bloomberg survey of 24 economists. The jobless rate held at 5.8 percent.