Unemployment rose last month, and has now reached 6%. This might seem a bad thing, but there were actually more full time jobs last month and the rise in employment exceeded expectations.
The reason for the rise in unemployment is due to a higher participation rate. This is encouraging because it means more people are seeking work and that indicates a degree of confidence in the economy.
The ABC article says it all. In particular look at the State unemployment data at the bottom of the article.
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