Australian Dollar Slides As Unemployment Rate Jumps

<p>The Australian dollar declined slightly after the Bureau of Statistics released the April jobs numbers. The data showed that more than 594,000 Australians lost their jobs between March and April. Unemployment rose by 104,500 to 823,000 while the unemployment rate rose to 6.2%. Analysts polled by Bloomberg were expecting the rate to jump to 8.3%. […]</p>
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