The economy shed jobs in April, surprising the market.
The number of employed fell 22,100 when the market was expecting a rise of 17,000 over the month, with a massive loss of 49,100 full-time jobs underscoring the surprising report.
Still, a silver lining was found in the unemployment rate, which remained at an as-expected seasonally adjusted 4.9% in April, the Australian Bureau of Statistics said.