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- Australian unemployment rate up 0.2% in February
Australian unemployment rate up 0.2% in February
Trend estimates (monthly change):
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Employment increased 11,600 to 12,005,000.
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Unemployment increased 5,200 to 738,900.
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Unemployment rate remained steady at 5.8% following a revised January 2017 estimate.
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Participation rate remained steady at 64.6%.
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Monthly hours worked in all jobs increased 1.2 million hours to 1,671.5 million hours.
Seasonally adjusted estimates (monthly change):
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Employment decreased 6,400 to 11,998,800. Full-time employment increased 27,100 to 8,158,900 and part-time employment decreased 33,500 to 3,840,000.
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Unemployment increased 26,000 to 748,100. The number of unemployed persons looking for full-time work increased 10,800 to 523,800 and the number of unemployed persons only looking for part-time work increased 15,100 to 224,300.
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Unemployment rate increased 0.2 pts to 5.9%.
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Participation rate remained steady at 64.6%.
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Monthly hours worked in all jobs decreased 20.5 million hours to 1,661.9 million hours.
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