Market news
19.10.2017, 06:12

Australian unemployment rate down 0.1% to 5.5% in September


  • Employment increased 23,800 to 12,281,200.

  • Unemployment decreased 2,200 to 716,600.

  • Unemployment rate remained steady at 5.5%, following a revised august 2017 estimate.

  • Participation rate increased by less than 0.1 pts, but remained at 65.2% in rounded terms.

  • Monthly hours worked in all jobs increased 3.1 million hours (0.2%) to 1,714.5 million Hours.

Seasonally adjusted:

  • Employment increased 19,800 to 12,290,200. Full-time employment increased 6,100 to

  • 8,398,200 and part-time employment increased 13,700 to 3,892,000.

  • Unemployment decreased 11,800 to 711,500. The number of unemployed persons

  • Looking for full-time work decreased 10,600 to 487,100 and the number of unemployed

  • Persons only looking for part-time work decreased 1,200 to 224,400.

  • Unemployment rate decreased 0.1 pts to 5.5%.

  • Participation remained steady at 65.2%.

  • Monthly hours worked in all jobs increased 11.2 million hours (0.7%) to 1,718.2 million Hours.

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