Australia Jobless Rate May Stay Near 5%
May 10 (Bloomberg) -- Nigel Heap, chairman for Asia Pacific at Hays Plc, a London-based recruiting company, talks about Australia's labor market and central bank monetary policy.
Australia’s unemployment rate unexpectedly dropped to a one-year low as payrolls rose for a second straight month, driving a rebound in the local currency. Heap speaks from Sydney with Zeb Eckert on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)