Tuesday, June 5, 2007

Australia's Employment Probably Gained for Fourth Month, Buoying Economy

(Bloomberg) -- Australian employment probably rose in
May for a fourth straight month, signaling consumer spending and
economic growth may pick up this year.

Employment rose 10,000 after a 49,600 gain in April, according
to the median estimate of 24 economists surveyed by Bloomberg News.
The jobless rate was probably unchanged at a 32-year-low 4.4 percent.
The Bureau of Statistics releases the report tomorrow at 11:30 a.m.
in Sydney.


Read more at Bloomberg Bonds News

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