(MENAFN) The Australian Bureau of Statistics (ABS) said that the country's unemployment rate has dropped to 6.3 percent in February, Xinhua reported.
There were 10,300 full-time jobs added to the economy, while 5, 300 part-time jobs were added, the Australian Bureau of Statistics data showed.
However, there was a decline in employment participation of 0.1 percent to 64.6 percent. Around 15,600 new jobs were added to the economy in the month.
"The Reserve Bank will want to see declining unemployment from faster job creation, not from falling labor force participation," the ABS said.
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