Australia (June ) Jobs +32.6K (vs. +15K expected) & Unemployment rate 3.5% (vs. 3.6% exp)

<p>Another very solid jobs report from Australia. </p><p>If the Reserve Bank of Australia is worried about the labour market they really need not be. Unemployment is basically at a 48 year low. </p><p>More:</p><ul><li>youth unemployment rate decreased to 7.7%</li><li>hours worked were +0.3% </li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.