Labour market tightens as 60,600 find work

The unemployment rate stayed at 3.9 per cent in May, the Australian Bureau of Statistics says. (AAP)

Australia's labour market continues to tighten with a further 60,600 people finding a job in May, keeping open the risk of a further 50 basis point increase in the official cash rate in July.

The unemployment rate remained at a near 50-year low of 3.9 per cent, when economists had expected it nudge lower in the month.