Australia's unemployment rate slipped to 4.4 per cent in May, down from 4.5 per cent in April, in seasonally adjusted terms.

Australia has received its latest unemployment figures after April’s shock jump to a five-year high that economists branded an “ugly” reading.

Australia's unemployment rate slipped to 4.4 per cent in May, down from 4.5 per cent in April, in seasonally adjusted terms.