According to data released today by the Australian Bureau of Statistics, in April the unemployment rate, seasonally adjusted, was 6.2%, the value of the indicator turned out to be lower than the forecasts of economists forecasting growth to 8.3%.
The Australian economy lost 594,300 jobs last month and the total number of unemployed was 12,418,700.
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We believe that due to the almost 100% integration of production cycles in China and Australia, we will see the growth of the AUD/USD currency pair to 0.70000 against the backdrop of the already begun accelerated economic recovery in China.
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The Australian economy lost 594,300 jobs last month and the total number of unemployed was 12,418,700.
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We believe that due to the almost 100% integration of production cycles in China and Australia, we will see the growth of the AUD/USD currency pair to 0.70000 against the backdrop of the already begun accelerated economic recovery in China.
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[URL deleted]
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