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- Australian unemployment rate stable at 5.6% in June
Australian unemployment rate stable at 5.6% in June
Seasonally adjusted estimates (monthly change):
Employment increased 14,000 to 12,166,900. Full-time employment increased 62,000 to 8,356,000 and part-time employment decreased 48,000 to 3,810,800.
Unemployment increased 13,100 to 728,100. The number of unemployed persons looking for full-time work increased 9,200 to 500,600 and the number of unemployed persons only looking for part-time work increased 3,900 to 227,500.
Unemployment rate remained steady at 5.6%, following a revised may 2017 estimate.
Participation rate increased by 0.1 pts to 65%.
Monthly hours worked in all jobs increased 8.9 million hours (0.5%) to 1,703.5 million hours.
Trend estimates (monthly change):
Employment increased 26,400 to 12,160,100.
Unemployment decreased 3,700 to 726,800.
Unemployment rate decreased less than 0.1 pts to 5.6%.
Participation rate remained steady at 64.9%.
Monthly hours worked in all jobs increased 6.2 million hours (0.4%) to 1,691.5 million hours.
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