Australia Part-time employment rose from previous 19K to 27.3K in May

Australia's employment figures came much better-than-expected, almost tripling estimates, with the total employment change at 40k, 25.7 being part-time jobs and 14.7 full-time positions. The jobless rate was also reduced to 6% vs 6.1% prior (revised from 6.2%), while the participation rate was unchanged at 64.7% after a revision last month from 64.8% to 64.7%.